The Derivative Action in the Reform to the Corporate Regime

Corporate Services Associate Diana Serrano published an article in Asuntos Legales titled "The Derivative Action in the Reform to the Corporate Regime." In this article, she responds to various questions related to the derivative action. Ms. Serrano explains that the corporate liability action allows that, through a decision of the highest corporate body, a corporation can sue its administrators for damages caused by the breach of their legal or statutory duties. However, minority shareholders are not entitled to initiate this action. The bill that reforms the Corporate Regimen proposes a solution through the derivative action.

READ: La acción derivada en la reforma del Régimen Societario