Legal Opinion
Vaughn v. LJ International, Inc.
California Court of Appeal
Decided May 26, 2009No. B208192PublishedCited by 16 opinions
1Opinion of the Court
Opinion
O’NEILL, J. *
A shareholder of a publicly traded corporation filed a derivative action in California alleging breaches of fiduciary duty by corporate officers and directors. The international business, a fine jewelry company incorporated in the British Virgin Islands, has no other connection to that jurisdiction. The company employs 3,000 people at its manufacturing facility in China. The majority of the company’s wholesale revenues are earned in North America, including substantial sales in California, where a few employees are based. The corporate headquarters is in Hong Kong, where…
2Cases cited24 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- CTS Corp. v. Dynamics Corp. of AmericaSupreme Court of the United States · 1987
- Nedlloyd Lines B v. v. Superior CourtCalifornia Supreme Court · 1992
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3Cited by16 opinions
- Kruss v. BoothCalifornia Court of Appeal · 2010
- Drulias v. 1ST Century Bancshares, Inc., California Court of Appeal, 5th District2018
- Lidow v. Superior CourtCalifornia Court of Appeal · 2012
- Villari v. MoziloCalifornia Court of Appeal · 2012
- S.F. Apartment Ass'n v. City & Cnty. of S.F., California Court of Appeal, 5th District2018
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