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Robert May, Christina Ademola, and Nitesh Daryanani authored an article for Law360 about the Delaware Supreme Court’s decision in Brookfield Asset Management Inc. v. Rosson, eliminating the ambiguity surrounding so-called dual-natured direct and derivative claims.

Shareholder Ruling Resolves Dual-Natured Claim Uncertainty

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Robert May, Christina Ademola, and Nitesh Daryanani authored an article for Law360 about the Delaware Supreme Court’s decision in Brookfield Asset Management Inc. v. Rosson, eliminating the ambiguity surrounding so-called dual-natured direct and derivative claims.“The Brookfield decision removes a 15-year tension in the direct-derivative doctrine, clearing a path for greater certainty for corporate deal makers,” the authors wrote. “The key question to identify a direct claim is whether the stockholder has demonstrated that they have suffered an injury that is not dependent on an injury to the corporation.”Read the <a href="https://media2.mofo.com/v3/assets/blt5775cc69c999c255/blte24f0dc7b60ae620/6273efc75f7b601eaaebeadb/210930-shareholder-ruling-resolves-claim-uncertainty.pdf" target="_blank">full article</a>.