In two recent opinions with wide-ranging practical implications for companies that are the target of shareholder derivative litigation, Vice Chancellor J. Travis Laster of the Delaware Chancery Court issued a
Race to File Shareholder Derivative Suits in Delaware Slowed by Judicial Roadblock
In two recent opinions with wide-ranging practical implications for companies that are the target of shareholder derivative litigation, Vice Chancellor J. Travis Laster of the Delaware Chancery Court issued a scathing critique of the plaintiffs bar's "first-to-file" mentality in derivative suits.
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