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In Auerbach v. Bennetta shareholder can't proceed with derivative litigation after special litigation committee requests dismissal unless district court determines committee lacked independence, failed to conduct a thorough investigation in good faith.
Five years ago, I noted that the Nevada Supreme Court had adopted New York's more deferential approach for assessing special litigation qualifications in Auerbach v. Bennett, 393 N.E.2d 994 (N.Y. 1979)...
Five years ago, I noted that the Nevada Supreme Court had adopted New York's more deferential approach for assessing special litigation qualifications in Auerbach v. Bennett, 393 N.E.2d...