Current Developments in Shareholder Derivative Litigation

Morrison & Foerster, at the request of the Association of Corporate Counsel, has prepared a white paper (InfoPAK) to help internal counsel address the issues they are likely to encounter in shareholder derivative litigation.

This comprehensive guide includes:

• Tips on when derivative litigation is likely
• How to respond to a shareholder demand to inspect corporate documents
• How to respond to a shareholder derivative complaint
• The legal framework for derivative litigation
• How to structure representation of the various parties in derivative litigation
• When and how to create special litigation committees
• Coordinating derivative litigation with related proceedings
• Settling derivative litigation

The guide includes flowcharts, checklists, and exemplars designed to bring in-house counsel up to speed quickly on this important issue. We invite you to register for ACC’s webcast on November 20, 2014.

Participants will learn:

• What you can do now to reduce future exposure to derivative litigation
• The warning signs for impending derivative litigation
• What to look for in a directors and officers liability insurance policy
• What to do when you get a shareholder litigation or inspection demand
• When to bring in separate representation for directors and officers
• Lessons learned from past special litigation committee investigations
• Defense strategies
• Settlement strategies

Speakers:

• Judson E. Lobdell
  Partner, Morrison & Foerster, San Francisco
• Philip T. Besirof
  Partner, Morrison & Foerster, San Francisco
• James C. Maroulis
  Senior Corporate Counsel, Oracle