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Court of Chancery Grants Stay of Derivative Case

In Re Duke Energy Corporation Coal Ash Derivative Litigation,  C.A. 9682- VCN (August 31, 2015)

A stay of derivative litigation is hard to get even when there is another case pending elsewhere. But when, as here, the other litigation may expose the company to significant liability, a stay of the derivative action against the directors is easier to win in order to avoid the problems of simultaneously litigating both proceedings.

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blog, complex commercial litigation, corporate counseling & litigation