Sullivan Cromwell Urges Top Court to Resist Making NY the ‘Shangri-La’ for Derivative Shareholder Suits

Litigators do differ in their opinions on the impact of a decision that would give New York courts the ability to handle shareholder suits against foreign corporations.

       

Litigators do differ in their opinions on the impact of a decision that would give New York courts the ability to handle shareholder suits against foreign corporations.