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Larkins Vacura Kayser Participates in Significant Oregon Ruling on Shareholder Derivative Suits

July 19, 2021

Larkins Vacura Kayser attorney Cody Hoesly filed an amicus brief on behalf of the Oregon Trial Lawyers Association, urging the Oregon Supreme Court to hold that shareholders who bring a derivative suit for breach of fiduciary duty have a right to a jury trial of their damages claims under the Oregon Constitution. On July 1, 2021, the court agreed in a unanimous opinion, relying heavily on its holding in a prior case for which Hoesly authored a successful amicus brief. Deep Photonics Corp. v. LaChapelle, 368 Or 274 (2021).