derivative action

简明释义

微商作用

英英释义

例句

1.The attorney explained that a derivative action is often a last resort for shareholders.

律师解释说，派生诉讼通常是股东的最后手段。

2.A successful derivative action can result in significant financial recovery for the company.

成功的派生诉讼可以为公司带来可观的财务赔偿。

3.The shareholders decided to file a derivative action against the board for breach of fiduciary duty.

股东们决定对董事会提起派生诉讼，以指控违反受托责任。

4.In a derivative action, the corporation itself is the nominal defendant.

在派生诉讼中，公司本身是名义上的被告。

5.The court dismissed the derivative action due to lack of standing by the plaintiff.

由于原告缺乏诉讼资格，法院驳回了派生诉讼。

作文

In the realm of corporate law, the concept of a derivative action plays a pivotal role in protecting the interests of shareholders. A derivative action is a lawsuit brought by a shareholder on behalf of the corporation against a third party, typically the corporation's executives or directors. This legal mechanism is essential because it allows shareholders to seek redress for wrongs done to the corporation when the management fails to act in the best interest of the company. The fundamental principle behind a derivative action is that the corporation itself is the real party in interest, and the shareholder acts as a representative. This means that any recovery from the lawsuit goes to the corporation, not directly to the shareholder who initiated the suit. This structure is designed to prevent conflicts of interest and ensure that the corporation's assets are protected. One of the most significant advantages of a derivative action is that it empowers shareholders, particularly minority shareholders, who may otherwise feel powerless against the decisions made by the board of directors. For instance, if a company's executives engage in fraudulent activities that harm the corporation, shareholders have the right to file a derivative action to hold those executives accountable. This legal recourse is crucial for maintaining corporate governance and ensuring that those in power do not abuse their positions. However, pursuing a derivative action is not without its challenges. Shareholders must first obtain permission from the court to proceed with the lawsuit, which involves demonstrating that they have made a demand on the board of directors to address the issue and that the board has failed to act appropriately. This requirement is in place to avoid unnecessary litigation and to give the board an opportunity to rectify the situation before a lawsuit is filed. Moreover, the process of a derivative action can be lengthy and costly, often requiring significant legal resources. Shareholders must weigh the potential benefits against the risks and expenses involved. Additionally, there is always the possibility that the lawsuit may not succeed, leaving the shareholders with little to no recourse. Despite these obstacles, derivative actions serve as a vital tool for promoting accountability within corporations. They encourage transparency and ethical behavior among corporate executives, knowing that shareholders have the power to challenge their decisions. Furthermore, the existence of derivative actions can act as a deterrent against misconduct, as the threat of legal repercussions looms over those in leadership positions. In conclusion, a derivative action is an essential aspect of corporate law that enables shareholders to protect their interests and hold management accountable. While the path to initiating such a lawsuit can be fraught with difficulties, the potential to safeguard the corporation and promote good governance makes it a valuable mechanism in the arsenal of shareholder rights. As corporations continue to evolve in complexity and size, the importance of derivative actions will undoubtedly remain significant in the pursuit of justice and fairness in the business world.

在公司法领域，派生诉讼的概念在保护股东利益方面发挥着关键作用。派生诉讼是由股东代表公司对第三方提起的诉讼，通常是公司的高管或董事。这个法律机制是必要的，因为它允许股东在管理层未能以公司最佳利益行事时寻求对公司所遭受的损害的救济。派生诉讼背后的基本原则是，公司本身才是真正的利益方，而股东则充当代表。这意味着诉讼的任何赔偿都归公司所有，而不是直接归发起诉讼的股东。这种结构旨在防止利益冲突，并确保公司的资产得到保护。派生诉讼最显著的优势之一是，它赋予了股东，特别是少数股东权力，他们在董事会决策面前可能感到无能为力。例如，如果公司的高管参与了损害公司的欺诈活动，股东有权提起派生诉讼以追究这些高管的责任。这种法律救济对于维护公司治理和确保掌权者不滥用职权至关重要。然而，追求派生诉讼并非没有挑战。股东必须首先获得法院的许可才能继续提起诉讼，这涉及到证明他们已向董事会提出要求以解决问题，并且董事会未能采取适当行动。这个要求的目的是避免不必要的诉讼，并给予董事会在提起诉讼之前纠正情况的机会。此外，派生诉讼的过程可能漫长而昂贵，通常需要大量的法律资源。股东必须权衡潜在利益与相关风险和费用。此外，诉讼可能不会成功，导致股东几乎没有救济的可能性。尽管面临这些障碍，派生诉讼仍然是促进公司问责制的重要工具。它们鼓励公司高管保持透明和道德行为，因为股东有权挑战他们的决定。此外，派生诉讼的存在可以作为对不当行为的威慑，因为法律后果的威胁悬在领导者的头上。总之，派生诉讼是公司法的一个重要方面，使股东能够保护自己的利益并追究管理层的责任。尽管启动此类诉讼的途径可能充满困难，但保障公司安全和促进良好治理的潜力使其成为股东权利工具箱中有价值的机制。随着公司不断在复杂性和规模上发展，派生诉讼的重要性无疑将在追求商业世界中的公正和公平方面保持重要。