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Expert Analysis

2 NY Rulings May Stem Foreign Co. Derivative Suits

By Carmine Boccuzzi, Mark McDonald and Jillian Moss ( June 16, 2025, 4:10 PM EDT) -- On May 20, the Court of Appeals of the State of New York decided two closely-watched cases, Ezrasons Inc. v. Rudd and Haussmann v. Baumann, in which plaintiff shareholders sought to assert derivative claims on behalf of foreign corporations....

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