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Shareholders may bring different kinds of litigation against the corporation. Direct suits are brought on behalf of the shareholder in the shareholder's position as shareholder. Derivative suits are brought by shareholders on behalf of the corporation and seek to vindicate the rights of the corporation.
Understanding the distinction between direct and derivative suits can be confusing. However, there is a coherent test for determining which is which.EDIT PLAYLIST INFORMATION DELETE PLAYLIST
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|4||Show/Hide More||Gentile v. Rossette|
Brian JM Quinn
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