What Comes Next? Shareholder Derivative Actions Involving Foreign Corporations Post-Ezrasons

The New York Court of Appeals reaffirmed that foreign corporations' internal disputes are governed by their home law. Partners Lara Flath and Julie Cohen and associates Kelly Guerin and Eleni Pappas discuss how both plaintiffs and defendants are already invoking the court's decision in pending shareholder derivative actions involving foreign corporations in New York courts.