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with derivative actions we want to know
what it is that the client’s hoping to
obtain are they hoping to obtain redress
on behalf of the company
and a buyout of that company or
corporation is it that they’re trying to
oust the wrongdoers that have maybe
misappropriated funds or have taken the
company in a direction that’s not
beneficial what is it that they’re
ultimately looking to obtain so that we
can build a litigation
goal or or
outline of how we’re going to approach
it and that’s the way we approach each
derivative of litigation
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Oakdale, MN commercial litigation attorney Brandon Schwartz discusses his approach to handling a derivative action. He points out that with derivative actions, the first step is to understand what the client hopes to achieve. Are they seeking redress on behalf of the company, a buyout of their interest, or aiming to remove wrongdoers who have misappropriated funds or steered the company in an unbeneficial direction? Clarifying the client’s ultimate objective allows the legal team to develop a litigation strategy and outline a structured approach. This methodical process is how he and his team handle each derivative litigation case.
