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Court of Chancery Explains when A Complaint Asserts A Class Claim

Allen v. El Paso Pipeline GP Company LLC, C.A. 7520-VCL (May 19, 2014)

This is an excellent explanation of when a clam is a "direct" claim that may be asserted by a class and not a derivative claim.  When the plaintiff's rights, such as the right to have a transaction approved in a certain way, are affected, then her claim is a direct one.  Numerous examples are given as well.

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blog, complex commercial litigation, corporate counseling & litigation