Article
New York Court Of Appeals Affirms Dismissal Of Derivative Action Brought By Shareholder Of Foreign Corporation, Holding That New York Statutes Do Not Displace Common-Law Internal Affairs Doctrine
On May 20, 2025, the New York Court of Appeals affirmed the dismissal of a derivative action asserting claims for breach of fiduciary duty against officers and directors of a corporation incorporated under the laws of England and Wales. Ezrasons, Inc. v. Rudd, —N.Y.3d—, 2025 WL 1436000.
United States
Litigation