Phrases with «derivative claim»

A derivative claim refers to a legal action that is brought by a shareholder or a group of shareholders on behalf of a company against its board of directors or officers for wrongdoing or negligence. The aim is to hold those in power accountable and seek compensation for any harm caused to the company. Full definition

claim (parent phrase)
derivative (parent phrase)

derivative claim

Sentences with «derivative claim»

There is useful discussion of both the statutory derivative claim and personal claims. (newlawjournal.co.uk)
Nevertheless, a number of the reported English decisions involve a multiple derivative claim. (newlawjournal.co.uk)
Won a summary judgment dismissal of a $ 20 million shareholder derivative claim against the chief executive officer and majority shareholder of a privately held corporation. (davismalm.com)
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Phrases with «derivative claim»

Sentences with «derivative claim»

See also