In Re BP P.L.C. Derivative Litigation
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
BAER, District Judge * .
BP p.l.c., BP America, Inc., BP Products North America, Inc., BP Corp. North America, BP Exploration (Alaska) Inc., sixteen members of BP’s current board of directors, 1 nine former directors, 2 eight current and former directors, officers and employees of BP’s subsidiaries, 3 and twenty “John Doe” defendants (collectively “Defendants” or “BP”) 4 move this Court to dismiss BP shareholders’ derivative action pursuant to Fed.R.Civ.P. 12(b) (6) alleging that Plaintiffs fail to state a valid derivative claim under governing English law. Alternatively,…
2Cases cited23 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Babcock v. JacksonNew York Court of Appeals · 1963
- Robinson v. Overseas Military Sales Corp.Court of Appeals for the Second Circuit · 1994
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