Shareholder Derivative Action Settlement Negotiation Checklist

Litigation attorneys Stephen Warren and Allison Kernisky created a checklist for Thomson Reuters Practical Law highlighting key considerations for pursuing and negotiating settlements in shareholder derivative actions. This checklist offers guidance for both plaintiffs' and defendants' counsel on the appropriate timing for considering a settlement, who should be involved in the discussions and the integration of director and officer insurers. The authors also outline the essential terms that parties should address during settlement negotiations.

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