Yesterday's post concerned asked the question whether shareholders can sue CEOs for social activism. The answer is of course, yes. The more interesting question is whether shareholders will win the suit. To answer that question, one must first...
Suing The CEO For Social Activism Is Likely To Be Challenging Under Nevada Law
Posted on August 23, 2017
Does Assertion Of Business Judgment Rule Waive Attorney-Client Privilege?
Posted on July 28, 2017
Nevada, like California, has codified the attorney-client privilege:
Is It A Breach Of Fiduciary Duty To Fail Or Refuse To Conform To Delaware's Judicial Decisions Or Practices?
Posted on June 13, 2017
The answer to this question in Nevada may soon be an unequivocal "no". Last week, the Nevada Legislature unanimously passed SB 203 and sent it to Governor Brian Sandoval for signature. Among other things, Section 2 of SB 203 declares:
Want To File A Derivative Suit? You May Soon Be Required To Read Statutes
Posted on March 24, 2017
I have been writing recently about SB 203, a bill that is now pending in the Nevada legislature. As introduced, the bill would, among other things, require the following:
