Contact us at (949) 353-6347

    Nevada Supreme Court Adopts Delaware's Direct Harm Test For Derivative Claims

    On the same day that the Nevada Supreme Court rejected Delaware's approach to reviewing special litigation committee determinations, it adopted Delaware's test for determining whether a shareholder suit is derivative or direct.  Parametric Sound...

    Nevada Corporations, Parametric Sound Corp., Cohen v. Mirage, derivative, direct harm, Tooley v. Donaldson