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Katten Wins Favorable Ruling for Board of Chinese Company in Nevada Supreme Court

Firm News | October 15, 2013

In a shareholder derivative suit, the Nevada Supreme Court recently held that plaintiffs must serve the members of the board of directors of a Chinese company previously listed on the New York Stock Exchange using the methods provided in the Hague Convention on Service Abroad. A Nevada state court had earlier refused plaintiffs' request to serve the board members by publication pursuant to Nevada state law. Plaintiffs then filed a petition for a writ of mandamus to the Nevada Supreme Court. After briefing and argument before an en banc court composed of all seven justices, the Court denied plaintiffs' writ. Litigation partners Richard H. Zelichov, Bruce Vanyo and Christina Costley represented the defendants in this matter. Click here to read the Court's decision.

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