derivative action — n: a suit brought by a shareholder on behalf of a corporation or by a member on behalf of an association to assert a cause of action usu. against an officer which the corporation or association has itself failed to assert for its injuries –… … Law dictionary
Derivative work — L.H.O.O.Q. (1919). Derivative work by Marcel Duchamp based on the Mona Lisa (La Gioconda) by Leonardo da Vinci. Also known as The Mona Lisa With a Moustache. Often used by law professors to illustrate legal concept of derivative work. In United… … Wikipedia
claim — Synonyms and related words: absolute interest, acquire, adduce, advance, adverse possession, affidavit, affirm, affirmation, allegation, allege, alodium, application, appurtenance, argue, ask, ask for, assert, assertion, authority, avow, be… … Moby Thesaurus
derivative — 1. adjective [dɪˈɹɪvətɪv/ a) Imitative of the work of someone else. b) Referring to a work, such as a translation or adaptation, based on another work that may be subject to copyright restrictions. 2. noun [dɪˈɹɪvətɪv/ a) Something derived. The… … Wiktionary
direct claim — USA A litigation claim brought by a stockholder against the management or board of directors of a corporation on behalf of itself alleging an injury to the stockholder in particular (as opposed to an injury to the corporation). Since a direct… … Law dictionary
Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… … Wikipedia
third-party claim — noun A derivative lawsuit brought by a defendant in an original lawsuit, claiming that another new party being brought in is responsible for or should share in the plaintiffs damages against the defendant. ,Practise note: the third party being… … Wiktionary
United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… … Wikipedia
Corporate litigation in the United Kingdom — is that part of UK company law which gives investors the right to sue the directors of a company, or vindicate another wrong to the company, particularly where the board of directors does not wish to act itself. Contents 1 History 1.1 The rule in … Wikipedia
Directors' duties in the United Kingdom — bind anybody who is formally appointed to the board of directors of a UK company. Contents 1 Scope 2 Duty to act for proper purposes 3 Duty of care 4 … Wikipedia
