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New York Court of Appeals reaffirms internal-affairs doctrine, holding that law of the place of incorporation governs shareholders’ standing to bring derivative actions

May 20, 2025

Opinion

U.S. Chamber files amicus brief urging the New York Court of Appeals to hold that a shareholder’s standing to assert a derivative claim on behalf of a foreign corporation is governed by the law under which the corporation is organized

October 28, 2024

U.S. Chamber Amicus Brief

Michael C. Keats, Scott B. Luftglass, and Alexis R. Casamassima of Fried, Frank, Harris, Shriver & Jacobson LLP served as outside counsel.

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