Andrea Feathers

Sheppard Mullin Richter & Hampton LLP

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Latest Publications


Delaware Chancery Court Holds that Creditor Plaintiffs in Derivative Suits May Satisfy Standing Requirement by Showing...

In Quadrant Structured Products Co., Ltd. v. Vertin, C.A. No. 6990-VCL, 2015 WL 2062115 (Del. Ch. May 4, 2015), the Delaware Court of Chancery held that a creditor plaintiff needs only establish that a corporation was...more

5/28/2015 - Board of Directors Breach of Duty Credit Default Swaps Creditors Derivative Suit Fiduciary Duty Insolvency Standing

Delaware Court of Chancery Rejects Contemporaneous Ownership Requirement For Creditors Asserting Derivative Claims

In Quadrant Structured Products Co. v. Vertin, C.A. No. 6990-VCL, 2014 Del. Ch. LEXIS 193 (Del. Ch. Oct. 1, 2014), the Delaware Court of Chancery held that when creditors of insolvent firms assert derivative claims, they need...more

10/28/2014 - Breach of Duty Business Ownership Commercial Bankruptcy Creditors Derivative Suit Derivatives Fiduciary Duty Insolvency

California Court of Appeal Holds That Challenges to Corporate Elections Under Corporations Code Section 709 May be Predicated Upon...

In Morrical v. Rogers, No. A137011, 2013 Cal. App. LEXIS 811 (Cal. App. Oct. 10, 2013), the California Court of Appeal, First District, held that the summary procedures set forth in California Corporations Code § 709 may be...more

11/7/2013 - Board of Directors Breach of Duty Compliance Conflicts of Interest Corporate Governance Fiduciary Duty

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