Pitfalls of Derivative Litigation Defense
Litigation attorneys Sarah Kelly-Kilgore and Zachary Watson wrote an article featured in the Daily Journal about the rising number of shareholder derivative lawsuits and their impact on business operations. The article highlights the complexities in distinguishing derivative from direct claims, emphasizing the importance of understanding fiduciary duties and maintaining confidential communication. The authors also analyze key court cases that provide guidance on the balance between safeguarding corporate privileges and managing the dynamic relationships between directors and counsel during litigation.
READ: Pitfalls of Derivative Litigation Defense (Subscription required)
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