Banks & Banking – Derivative Claims – Holders Claims – Special DutyHarris v. Wachovia Corp. (Lawyers Weekly No. 11-15-0254, 29 pp.) (John Jolly, J.) N.C. Bus. Ct. Click here for the full text of the opinion. Holding: In an issue of first impression, the court rules that an officer of a corporation who has a personal relationship has no special duty to that shareholder; shareholders cannot claim ...
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Published: March 10, 2011
Time posted: 5:32 pm
Tags: Banks & Banking, Derivative Claims, Holders Claims, Special Duty