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Shareholder Litigation Diversity Jurisdiction

Allen Matkins

Court Finds Corporation To Be "Antagonistic" To Its Shareholders

Allen Matkins on

A derivative claim is one brought by a shareholder on behalf of the corporation to recover for harm done to the corporation. Cohen v. Mirage Resorts, Inc., 62 P.3d 720, 732 (Nev. 2003). However, when a derivative action is...more

Allen Matkins

How Does One Know When A Corporation Is Antagonistic?

Allen Matkins on

When a shareholder files a derivative suit in state court, the defendants often will try to have the case removed to the federal district court. Federal courts, however, are courts of limited jurisdiction and not every...more

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