Jul 7, 2010 · The Third Circuit’s Blasband decision, however, is not inconsistent with Delaware law insofar as it recognizes the availability of a double derivative action as a post-merger remedy.

Oct 28, 2010 · In this en banc opinion, the Delaware Supreme Court clarified the standing requirements for maintaining a “double derivative” suit under Delaware law.

Nov 3, 2010 · In so holding, the Court clarified the law allowing for the possibility of double derivative claims where standard derivative claims are extinguished by an intervening merger.

Sep 13, 2010 · In N.A. Lambrecht v. O’Neal, No. 135, 2010 (Del. Supr. Aug. 27, 2010), read opinion here, the Delaware Supreme Court explained the requirements for pursuing a double …

Aug 27, 2010 · Supreme Court Clarifies Standing Rule In Double Derivative Actions 08.27.10 Lambrecht v. O'Neal, Del Supr., C.A. 135, 2010 (August 27, 2010) This decision sets out the …

Accordingly, on July 27, 2009, plaintiff in the Derivative Action filed a third amended complaint that repleaded her claim as a double derivative action, and, similarly, on September 29, 2009, …

The plaintiffs argued, nonetheless, that they had standing for an independent reason, namely, that Count VI was a double derivative claim which, as a result of the merger, they had standing to …

This decision demonstrates the Delaware Supreme Court’s emphasis that state precedents not only validate, but also encourage, the bringing of double derivative actions in cases where...

Whether plaintiffs in a double derivative action under Delaware law, who were pre-merger shareholders in the acquired company and who are current shareholders, by virtue of a stock …

Sep 15, 2010 · In a proceeding under Article IV, Section 11 (8) of the Delaware Constitution and Supreme Court Rule 41 on a question of law certified to the Delaware Supreme Court from the …