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Home / Opinion Digests / Business Law / Derivative Claims Advance in Merger Challenge (access required)

Derivative Claims Advance in Merger Challenge (access required)

In this litigation arising from the merger of three Virginia REITs into a single corporation, plaintiff shareholder of the corporation into which the other two was merged has stated derivative claims against defendant directors for breach of the duty of loyalty and care and to undo the merger as a conflicted transaction; the Richmond U.S. ...

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