13.11.2013 Views

Batchelder v. Kawamoto Appellees' Brief - Greines, Martin, Stein ...

Batchelder v. Kawamoto Appellees' Brief - Greines, Martin, Stein ...

Batchelder v. Kawamoto Appellees' Brief - Greines, Martin, Stein ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

shares in corporation on behalf of which suit brought); see Brown v.<br />

Tenney, 155 Ill.App.3d 605, 608, 508 N.E.2d 347, 350 (1988) (holding<br />

California does not allow double derivative suits, citing Gaillard), afd,<br />

125 111.2d 348, 532 N.E.2d 270 (1988).<br />

Once the lawsuit is stripped of plaintiffs impermissible claims against<br />

all but Honda Japan's directors, California has no substantial interest in<br />

the outcome of this litigation.<br />

Plaintiff does not and cannot cite any authority that would suggest that<br />

the duties of a parent company's directors towards its subsidiary are<br />

measured by the laws of the subsidiary's state of incorporation.<br />

Permitting plaintiff to assert claims on behalf of American Honda would<br />

impermissibly expand the statutorily-restricted categories of proper derivative<br />

defendants specified by Japanese law. As the Kostolany court observed: "This<br />

court's duty is to apply existing, not to develop new, Dutch law." Kostolany v.<br />

Davis, 1995 Del. Ch. LEXIS 135, at "10.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!