On Nov. 14, 2018, a New York appellate court held that in a derivative action brought in a New York court against a company incorporated in the United Kingdom, the plaintiff need not comply with U.K. Companies Act ยง 261(1)...more
12/3/2018
/ Anti-Money Laundering ,
Appeals ,
Article III ,
Corporate Misconduct ,
Derivative Suit ,
Financial Institutions ,
Foreign Corporations ,
HSBC ,
Shareholders ,
Standing ,
UK ,
UK Companies Acts
On Nov. 20, 2017, the New York Court of Appeals held that in a derivative action brought in a New York court against a company incorporated in the Cayman Islands, the plaintiff need not comply with Rule 12A of the Cayman...more