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A&L Goodbody | United Kingdom | 21 Jan 2021

COVID-19: Derivative actions against directors

The economic damage resulting from the coronavirus-induced national lockdown has led to 'life or death' decision-making by directors. Nonetheless…

Troutman Pepper | USA | 21 Apr 2020

Securities Litigation and Disclosure Issues

Troutman Sanders and Pepper Hamilton are producing a series of podcasts to discuss litigation topics that have been brought to the forefront by the…

Hunton Andrews Kurth LLP | USA | 27 Aug 2019

Seventh Circuit Withdraws Decision, Affirms Coverage for Emmis Shareholder Lawsuit Despite Notices to Multiple Insurers

The Seventh Circuit recently withdrew its controversial opinion that broadly interpreted an exclusion in Emmis Communications Corporation’s D&O policy…

Hunton Andrews Kurth LLP | USA | 22 Aug 2019

Board Oversight: Why Directors Must Care About Caremark

In a recent case, the Delaware Supreme Court reversed the dismissal of a shareholder derivative suit that seeks to hold directors personally liable…

Kramer Levin Naftalis & Frankel LLP | USA | 23 Jul 2019

Delaware Supreme Court Allows Caremark Breach of Loyalty Claim To Go Forward

On June 18, in Marchand v. Barnhill, the Delaware Supreme Court reversed a ruling by the Delaware Court of Chancery in a shareholder derivative suit…

Carrington Coleman | USA | 10 Apr 2019

Texas Supreme Court Ditches Long-Standing Precedent to Hold Conspiracy Is a Derivative Claim Governed by the Statute of Limitations for the Underlying Tort

In Agar v. Electro Circuits Int’l, No. 17-0630, 2019 WL 1495211 (Tex., April 5, 2019), the Supreme Court of Texas conclusively established how…

Reed Smith LLP | USA | 14 Feb 2019

Pennsylvania Supreme Court rejects application of nine-factor Garner analysis relating to Attorney-Client Privileged materials in corporate derivative litigation, holds that ALI Principles control who holds the privilege and how far it extends

In a ruling that will improve predictability with respect to attorney-client privilege disputes in derivative litigation, the Pennsylvania Supreme…

Taft Stettinius & Hollister LLP | USA | 1 Feb 2019

Shareholder Derivative Suits in 2018 and Issues to Watch in 2019

Like the year before, 2018 was marked by a continued increase in the number of derivative suits filed by shareholders, as compared to previous years…

Newmeyer Dillion | USA | 17 Jan 2019

Yahoo! Derivative Data Breach Suit Yields Unprecedented $29 Million Settlement

On January 9, the parties to a derivative suit against several former directors and officers of Yahoo! Inc., which was based on a series of data…

Shawe Rosenthal LLP | USA | 29 Nov 2018

Boards of Directors in the Bullseye: #MeToo and the Fiduciary Duty

Allegations of sexual harassment perpetrated by top officials are not new, nor are lawsuits or threats of lawsuits based on those allegations. Wise…
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