Contact us at (949) 353-6347

    Shareholder Derivative Suit Or Derivative Action?

    I have long puzzled over the question of which is correct - "derivative suit" or "derivative action"?  Historically, the term "suit" was used for proceedings in equity.  California courts have generally regarded shareholder derivative claims as...

    Grosset v. Wenaas, nelson v. Anderson, Corporate Governance, Corporations Code, derivative action, derivative lawsuit, derivative suit, Section 2900, Section 800, Small v. Fritz