What Act 170 Means For Shareholder Litigation In Pa.

By Michael Kichline and Stuart Steinberg, Dechert LLP (April 25, 2017, 2:17 PM EDT) -- Signed into law in November 2016, Pennsylvania's Act 170 became effective as to all Pennsylvania corporations at the beginning of this month. Among Act 170's most important provisions are changes and clarifications to the initiation and conduct of shareholder derivative lawsuits in Pennsylvania....

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