Litigation & Dispute Resolution

Derivative Actions

A Derivative Action is a lawsuit filed on behalf of a company by a director or shareholder of the company.

A Derivative Action is designated to overcome failures in the corporate governance of a company, especially potential conflicts of interest between company’s organs that are responsible for instigating its lawsuits. In case the party in charge of managing the company does not consider the company's well-being and does not file a lawsuit, the Derivative Action mechanism enables a fiduciary to intervene in the management of the company, thus forcing the company to file a lawsuit.

In recent years, the corporate world is witnessing a significant rise in the filing of Derivative Actions.

Over the years, Lipa Meir & Co. has gained in-depth, hands-on expertise within the mechanism for filing Derivative Actions, marking impressive achievements in the handling of lawsuits of this sort. The firm enjoys a prestigious reputation in this unique legal field.

Among the firm's clients in the field of Derivative Actions are leading companies, such as Clalit Health Services, insurance companies, banks, public companies as well as directors of such companies.

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