In-House Counsel
Aug. 14, 2008
Defending Derivative Litigation
A General Counsel's Survival Guide
General counsel face few professional challenges more vexing than derivative litigation. Plaintiff shareholders in derivative actions file suit against company executives and/or board members seeking to represent the company and recover damages from the individual defendants on behalf of the company. Any recovery - whether at trial (very, very rare) or by settlement (very, very common) - is paid to the comp...
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