NY Court Urged To Reject 'Audacious' Shareholder Test Cases
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By Jessica Corso

Leading business groups have come to the aid of Bayer AG and Barclays PLC
as the companies seek to fend off a pair of "audacious" test cases that
have landed in New York's highest court, with the groups arguing that
allowing the lawsuits to move forward would flood the state court with
derivative lawsuits against foreign companies and overturn decades of
precedent.

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