Jisho

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かぶぬしだいひょうしょう 株主代表訴訟
Noun
1. shareholder lawsuit
Wikipedia definition
2. Derivative suitA shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits are unique because under traditional corporate law, management is responsible for bringing and defending the corporation against suit. Shareholder derivative suits permit a shareholder to initiate a suit when management has failed to do so.
Read “Derivative suit” on English Wikipedia
Read “株主代表訴訟” on Japanese Wikipedia
Read “Derivative suit” on DBpedia

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