Ethics/Professional Responsibility
Oct. 4, 2000
Corporate Right
A California appellate court has held that a shareholders' derivative suit for malpractice can be brought against outside counsel.
In a case of first impression, McDermott, Will & Emery v. Superior Court, 2000 Daily Journal D.A.R. 9599 (Cal. App. Aug. 28, 2000), the 2nd District Court of Appeal has broken new ground by holding that shareholders' derivative actions for legal malpractice against a corpora...
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