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Corporate – First Impression – Derivative Action – Claims against Directors – Joint Representation of Corporation and Directors (access required)

Dual representation of a corporation and its directors in a shareholder derivative action was permissible where shareholders had not alleged serious misconduct by the directors, such as theft, fraud, or self-dealing. We deny plaintiffs’ motion to disqualify counsel from dual representation of the corporation and its directors in a derivative action. Defendant corporation was a family owned ...

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