Standing to sue derivatively requires stock ownership in the corporation at the time the lawsuit is filed

dismissal in declined cases, in an effort to avoid the costs associated with defending meritless qui tam lawsuits

Supreme Court is weighing the conditions under which a federal court should dismiss lawsuits brought by whistleblowers who violate the law's non-disclosure requirements. While the plaintiffs filed the lawsuit under seal, it was allegedly disclosed shortly thereafter to several

Recognizing that you might be exposing youself to liability, you go back to the lawyer who helped you During your meeting, your lawyer tells you to do the following to avoid trouble: hold annual meetings keeping accurate, detailed minutes of important decisions that are made at the meetings; adopt company by-laws Lamocu Holdings, LLC: Recently, a New York trial court, applying Delaware law, had the opportunity to Under Delaware law, a valid veil piercing claim requires the plaintiff to plead that the company “controlled

The Takeaway While the FINRA By-Laws and other core rules will still apply to CABs, certain other rules

If the landlord is named as a defendant in a lawsuit as a result of an accident, or the landlord suffers

The Law in New York Since 1886: Notwithstanding the few decisions that apportion forfeiture relative Notably, the Second Circuit has advanced this middle ground approach in applying New York law, at least

The project, however, interfered with an underground network of utility lines owned by the defendants Primer and the defendants entered into an agreement pursuant to which Primer would place the utility lines even if the parties had not manifested their “acceptance of the judicial form” by participating in the lawsuit

Enforcement of these contractual terms “would be brought under state law,” which both parties agreed what must be included in the contract, the cause of action and right to recover are dictated by state law Federal law merely requires the inclusion of specific contractual terms as a condition of the prohibited

There, the court rejected the defendant’s exclusivity argument “as a matter of law”, finding that “Escobar

Whistleblower Lawsuit Some of the allegations resolved by the settlements were included in a whistleblower lawsuit filed under the False Claims Act against PHH Home and PHH Mortgage by a former employee of PHH through the government loan programs, I witnessed firsthand the ways in which PHH abused the programs to line

rules will have on the IPO market or whether the new registration procedures will trigger investor lawsuits