The mission of the Connecticut Judicial Branch is to serve the interests of justice and the public by resolving matters brought before it in a fair, timely, efficient and open manner.

Business Law Appellate Court Opinion

by Oumano, Emily

 

AC46348 - Rubin v. Brodie (“We agree with the plaintiffs’ first claim and conclude specifically that the court improperly determined that the individual plaintiffs lacked standing to maintain a derivative action to enforce the rights of the plaintiff LLCs in light of the court’s conclusion that their complaint sufficiently alleged demand futility. Accordingly, we reverse the trial court’s judgment dismissing, for lack of subject matter jurisdiction, the individual plaintiffs’ derivative action. We disagree with the plaintiffs’ second and third claims and therefore affirm the trial court’s judgment dismissing, for lack of subject matter jurisdiction, the plaintiff LLCs’ and the individual plaintiffs’ direct actions. We decline to review the plaintiffs’ fourth claim.”)