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United States direct vs derivativestanding

Tooley v Donaldson Lufkin & Jenrette Inc

845 A.2d 1031 (Del. 2004)
JurisdictionUnited States
CourtSupreme Court of Delaware
Year2004
StatusBinding authority

Key Principle

The distinction between direct and derivative claims turns on who suffered the alleged harm and who would receive the benefit of recovery.

Area of Law

corporate

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