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Corporate – Double Derivative Claim – First Impression – Allocation of Sale Proceeds – Individual Claims (access required)

White v. Hyde (Lawyers Weekly No, 020-067-16, 22 pp.) (Michael Robinson, J.) 2016 NCBC 72 Holding: Plaintiff’s complaint may be construed to allege a double derivative action on behalf of defendant Hyde-HP Properties, LLC (Hyde-HP) – of which plaintiff is a member – against defendants John and Sandra Powell for the Powells’ alleged wrongful actions that ...

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