Court Of Chancery Grants Stay Of Derivative Case
Posted In Derivative Claims
In Re Duke Energy Corporation Coal Ash Derivative Litigation, C.A. 9682- VCN (August 31, 2015)
A stay of derivative litigation is hard to get even when there is another case pending elsewhere. But when, as here, the other litigation may expose the company to significant liability, a stay of the derivative action against the directors is easier to win in order to avoid the problems of simultaneously litigating both proceedings.
Tags: Derivative ClaimsShare