June 2, 2022 - On May 13, 2022, the 9th U.S. Circuit Court of Appeals held that a corporate bylaw requiring stockholders to bring derivative claims in the Delaware Court of Chancery could be applied ...
The Emergency Economic Stabilization Act of 2008 ended the not so discrete secret of hedge fund managers, the deferred compensation arrangement with their offshore funds or as the New York Times ...
(Reuters) - To say that federal appellate courts are divided on the question of whether corporations can use forum selection clauses to shut down derivative shareholder suits in federal court is a ...
On June 1, 2023, an en banc panel of the U.S. Court of Appeals for the Ninth Circuit issued a much-anticipated decision in Lee v. Fisher, No. 21-15923, enforcing a forum selection clause in Gap Inc.’s ...