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CALIFORNIA CORPORATE & SECURITIES LAW

How Does One Know When A Corporation Is Antagonistic?

When a shareholder files a derivative suit in state court, the defendants often will try to have the case removed to the federal district court.¬†Federal courts, however, are courts of limited jurisdiction and not every plaintiff can make a “federal case” out of their complaint.¬† When federal court jurisdiction is based on diversity (28 U.S.C.…

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