Shareholder Derivative Actions

This lesson examines when a shareholder's lawsuit against a corporation is derivative and when it is direct. It also examines why this distinction is important.

Then, using the provisions of the Revised Model Business Corporation Act (RMBCA), this lesson examines the procedural requirements for bringing a derivative action.

Lesson ID: 
CORP19
1 hour

Access to CALI Lessons is restricted to people affiliated with CALI member organizations and those who have purchased individual memberships. You may register or login to run CALI Lessons.

Lesson Authors

photo
Debra Cohen,
Associate Professor of Law
Southern New England School of Law

CALI Spotlight

Syndicate content

New Lessons