derivative suit

n. derivative action, legal suit filed by a shareholder in the name of a corporation

English contemporary dictionary. 2014.

Look at other dictionaries:

  • derivative suit — n: derivative action Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Derivative suit — A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits… …   Wikipedia

  • derivative suit — See stockholder s derivative action; derivative action …   Black's law dictionary

  • derivative suit — Same as derivative action …   Ballentine's law dictionary

  • derivative suit — noun see derivative action …   Useful english dictionary

  • shareholder's derivative suit — n: derivative action Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • stockholder's derivative suit — A legal action in which a shareholder of a corporation sues in the name of the corporation to enforce or defend a legal right because the corporation itself refuses to sue. Dictionary from West s Encyclopedia of American Law. 2005. stockholder s… …   Law dictionary

  • shareholder's derivative suit — See derivative action …   Ballentine's law dictionary

  • stockholder's derivative suit — See derivative action …   Ballentine's law dictionary

  • double derivative suit — An action, brought by a stockholder in a corporation which holds stock in a second corporation for wrongs to the second corporation, where it appears that neither corporation is willing to enforce the right of action. Anno: 154 ALR 1296 …   Ballentine's law dictionary

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