In this episode of Laying Down the Law: Accountant Edition, host Billy DeClercq and guests discuss a shareholders' derivative suit, Eisenberg v. Flying Tiger Line Inc. from 1971. The plaintiff, Eisenberg, claimed that his vote had been diluted. The key issue was whether it was a derivative or direct claim. The episode also includes interesting facts, such as the disappearance of Flying Tiger Flight 739 during the Vietnam War.

The Case in Question:

Eisenberg v. Flying Tiger Line, Inc. - 451 F.2d 267 (2d Cir. 1971)
https://www.lexisnexis.com/community/casebrief/p/casebrief-eisenberg-v-flying-tiger-line-inc

HOW TO EARN FREE CPE

In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for The Good, The Bad, and The Ugly Accounting channel. Register for the course, complete a short quiz, and get your CPE certificate.

Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

Download the app:

Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Questions? Need help? Email support@earmarkcpe.com.

Connect With Billy :

LinkedIn : https://www.linkedin.com/in/declercqwb
Website : https://declercq.law/