Jul. 30, 2020
Will California courts enforce federal forum selection clauses?
The first test of whether corporate “federal forum selection” clauses will be enforced by California courts will occur on Friday when the San Mateo County Superior Court will hear argument in In re Dropbox, Inc. Securities Litigation.
The first test of whether corporate "federal forum selection" clauses will be enforced by California courts will occur on Friday when the San Mateo County Superior Court will hear argument in In re Dropbox, Inc. Securities Litigation. Shareholders have advocated for freedom to file claims under the Securities Act of 1933 in multiple forums, especially in state courts that they view as more favorable to such lawsuits. Conversely, issuers hav...
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