Home California Court of Appeal Applies Delaware Law to Deny Discovery in Shareholder Derivative Action
 

Keywords :   


California Court of Appeal Applies Delaware Law to Deny Discovery in Shareholder Derivative Action

2014-12-24 02:47:04| Footwear - Topix.net

In Jones v. Martinez , 230 Cal. App. 4th 1248 , the California Court of Appeal, Second Division , held that a plaintiff asserting a shareholder derivative action against directors of a Delaware corporation in a California state court may not obtain discovery before the plaintiff establishes legal standing to sue derivatively as required under Delaware law.

Tags: action law california court

Category:Consumer Goods and Services

Latest from this category

All news

04.10Should you tip even if the service wasn't worth it?
04.10Ex-Harrods exec: I lost my job due to Al Fayed
04.10How worried should I be about rising oil prices?
04.10EU hits China with big taxes in electric car sales battle
04.10Builders' 2.5bn merger backed after monopoly probe
04.10Surprise surge in new US jobs in September
04.10Meta must limit data for personalised ads - EU court
04.10Meta must limit data for personalised ads - EU court
Consumer Goods and Services »
05.10Eastern North Pacific Tropical Weather Outlook
05.10Atlantic Tropical Weather Outlook
04.10Should you tip even if the service wasn't worth it?
04.10Hurricane Kirk Graphics
04.10Hurricane Kirk Forecast Discussion Number 22
04.10Tropical Storm Leslie Forecast Discussion Number 10
04.10Hurricane Kirk Wind Speed Probabilities Number 22
04.10Hurricane Kirk Public Advisory Number 22
More »