Derivative suit
id:
derivative-suit-262-2259087
title:
Derivative suit
text:
A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits are unique because under traditional corporate law, management is responsible for bringing and defending the corporation against suit. Shareholder derivative suits permit a shareholder to initiate a suit when management has failed to do so. To enable a d
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Derivative_suit
date created:
date modified:
2023-04-25T21:23:11Z
main entity:
{"identifier":"Q849001","url":"https://www.wikidata.org/entity/Q849001"}
image:
fields total:
13
integrity:
13