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New Hampshire Sample Letter regarding Motion to Dismiss on Shareholder Derivative Claims

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US-0934LTR
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This form is a sample letter in Word format covering the subject matter of the title of the form.

Title: New Hampshire Sample Letter Regarding Motion to Dismiss on Shareholder Derivative Claims Introduction: In the state of New Hampshire, when a shareholder files a derivative claim against a corporation, it becomes crucial for the corporation's legal counsel to respond swiftly and strategically. This article provides a detailed description of New Hampshire's sample letter regarding a Motion to Dismiss on Shareholder Derivative Claims, offering valuable insights into the different types and key elements to include. 1. Key Elements of a New Hampshire Sample Letter: When drafting a New Hampshire sample letter for a Motion to Dismiss on shareholder derivative claims, it is essential to include the following key elements: a. Introduction and Background: Begin by providing a brief overview of the case, including the names of the involved parties, relevant dates, and a concise statement of the alleged derivative claims. b. Jurisdictional and Procedural Information: Clearly state the court in which the motion is filed, mentioning the applicable laws and rules governing derivative claims in New Hampshire. c. Grounds for Dismissal: Articulate the legal grounds on which the corporation seeks the dismissal. Highlight specific arguments such as lack of standing, failure to make demand, failure to meet pleading standards, or lack of causation/tangibility. d. Supporting Legal Arguments: Provide detailed legal analysis and case law references supporting the grounds for dismissal. Emphasize any precedents set by New Hampshire courts or influential federal cases that align with the corporation's position. e. Supporting Facts and Evidence: Present facts, affidavits, or other evidence that demonstrate the merit of the dismissal motion. Focus on illustrating how the shareholder's claims lack merit, are too speculative, or fail to show harm to the corporation. f. Conclusion and Request for Relief: Summarize the corporation's position, reiterate the grounds for dismissal, and conclude by requesting the court dismiss the shareholder's derivative claims with prejudice. 2. Additional Types of New Hampshire Sample Letters: Apart from the general New Hampshire sample letter regarding a Motion to Dismiss on Shareholder Derivative Claims, there may be variations depending on the specific circumstances. Other types could include: a. Motion to Dismiss for Lack of Subject Jurisdiction: If the corporation believes that the court lacks subject jurisdiction over the shareholder derivative claims, a separate sample letter can address this issue. b. Motion to Dismiss for Failure to Allege Demand Futility: In cases where the shareholder did not adequately allege demand futility, a dedicated sample letter can be employed to request dismissal on this ground. Conclusion: Crafting a compelling and persuasive New Hampshire sample letter regarding a Motion to Dismiss on Shareholder Derivative Claims is crucial for corporations facing such claims. By incorporating the essential elements discussed above, legal counsel can adeptly argue for dismissal and protect the corporation's interests in accordance with New Hampshire law.

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Motions -- General. (a) A request for court order must be made by motion which must (1) be in writing unless made during a hearing or trial, (2) state with particularity the grounds for seeking the order, and (3) state the relief sought.

Depositions. (a) A party may take as many depositions as necessary to adequately prepare a case for trial so long as the combined total of deposition hours does not exceed 20 unless otherwise stipulated by counsel or ordered by the court for good cause shown.

The Grand Jury. (a) Summoning Grand Juries. The superior court shall order a grand jury to be summoned and convened at such time and for such duration as the public interest requires, in the manner prescribed by law.

Should counsel, or parties if unrepresented, be unable to reach an acceptable agreement as to any of the required matters, the court shall issue such orders as it deems appropriate.

LEGAL STANDARD A motion to dismiss asks the trial court ?to determine whether the allegations contained in the [Plaintiffs'] pleadings are sufficient to state a basis upon which relief may be granted.? ?K.L.N. Constr.

Upon a sufficient showing of good cause, the court may at any time order that discovery required hereunder be denied, restricted, or deferred, or make such other order as is appropriate.

Rule 9. Answers; Defenses; Forms of Denials. (a) An Answer or other responsive pleading shall be filed with the court within 30 days after the person filing said pleading has been served with the pleading to which the Answer or response is made.

(d) Motions to Dismiss. Upon request of a party, hearings on motions to dismiss shall be scheduled as soon as practicable, but no later than 30 days prior to the date set for trial on the merits, unless the court shall otherwise order in the exercise of discretion.

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If a Motion to Dismiss is submitted and denied, an Answer must be filed within 30 days after the date on the Notice of the Decision finally denying the motion; ... A party intending to file a motion for reconsideration or to request other post-decision relief shall do so within 10 days of the date on the written Notice of ...Section 293-A:7.44 - Dismissal (a) A derivative proceeding shall be dismissed by the court on motion by the corporation if one of the groups specified in ... by DS Kleinberger · 2006 · Cited by 76 — If the statute oflimitations has not run, a plaintiff whose direct claim has been dismissed should be able to file a derivative claim. Neither res judicata ... Aug 27, 1985 — Id. The state of the record before the Court is not sufficient to find that the actions could be dismissed for failure of these derivative ... Nov 14, 2006 — [FN4] The court stated the rule as follows: "a shareholder may ordinarily bring a derivative claim on behalf of a corporation only if a simple ... by MR Albert · 2019 · Cited by 3 — The statute requires a posting of security for reasonable expenses by shareholders filing a derivative suit who own less than a set percentage or dollar amount ... Dec 15, 2022 — The Court of Chancery denied Defendant's motion to dismiss this action brought by stockholders of McDonald's Corporation (the Company) claiming ... Oct 11, 2007 — The application of preclusion principles in shareholder derivative litigation has given rise to considerable disagreement in the courts. It is essential that the third-party claim be for some form of derivative or secondary ... notwithstanding the verdict may file a motion for a new trial pursuant ...

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New Hampshire Sample Letter regarding Motion to Dismiss on Shareholder Derivative Claims