Laster Erects Roadblock for Derivative Claims in Hecla Mining Case

, The Litigation Daily

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If last month's Southern Peru decision signalled to the plaintiffs bar that the Delaware courts are open for business, Travis Laster of Delaware's Chancery Court apparently didn't get the memo. This week Laster not only dismissed a suit brought by Hecla Mining Co. shareholders, he cemented in place a significant new obstacle for plaintiffs lawyers rushing to file derivative claims in the state.

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