Lapiner v. Maimon

This court lacks jurisdiction for two independent reasons, either of which alone compels the dismissal of this appeal.

The appellant, who was not a named party in the trial court below, attempts to appeal the trial court’s approval of a shareholder-derivative-action settlement and the denial of his request for payment of attorney’s fees and expenses. Because the appellant was not a shareholder of the corporation at the time of the transactions of which the derivative-action plaintiffs complain, the appellant lacked standing under Delaware law to object to the derivative-action settlement, and…