Armbrecht Jackson wins Shareholder Derivative case at Alabama Supreme Court

On March 27, 2020, the Supreme Court of Alabama announced that a team of Armbrecht Jackson’s business lawyers obtained an “extraordinary writ,” the writ of mandamus.  In issuing the writ, the Supreme Court reversed the trial court and ordered dismissal of a shareholder derivative and breach of duty case filed against Armbrecht’s clients.  Tom Oldweiler led Armbrecht’s team, which included Harris Oppenheimer and Robert Walker, in the multi-year litigation.  The opinion of the Alabama Supreme Court announced a new principle of appellate review of shareholder derivative claims.