- shareholder's derivative suit
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shareholder's derivative suit n: derivative action
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
shareholder's derivative suit
Look at other dictionaries:
shareholder's derivative suit — See derivative action … Ballentine's law dictionary
Derivative suit — A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits… … Wikipedia
stockholder's derivative suit — A legal action in which a shareholder of a corporation sues in the name of the corporation to enforce or defend a legal right because the corporation itself refuses to sue. Dictionary from West s Encyclopedia of American Law. 2005. stockholder s… … Law dictionary
derivative suit — n. derivative action, legal suit filed by a shareholder in the name of a corporation … English contemporary dictionary
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
shareholder — share·hold·er n: one that owns a share in a fund (as a mutual fund) or property; esp: stockholder see also derivative action, equity 4c, proxy contest share·hold·ing … Law dictionary
derivative action — n. derivative suit, legal suit filed by a shareholder in the name of a corporation … English contemporary dictionary
derivative action — noun or derivative suit : a suit by a shareholder to enforce a corporate cause of action based upon a right of the corporation … Useful english dictionary
derivative — Coming from another; taken from something preceding; secondary. That which has not its origin in itself, but owes its existence to something foregoing. Anything obtained or deduced from another @ derivative action A suit by a shareholder to… … Black's law dictionary
derivative — Coming from another; taken from something preceding; secondary. That which has not its origin in itself, but owes its existence to something foregoing. Anything obtained or deduced from another @ derivative action A suit by a shareholder to… … Black's law dictionary
