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Developing Law on Shareholder Derivative Actions

In November 2001, the Commercial Division celebrated its sixth anniversary. Its roots are actually several years older. The creation of the Commercial Division began as an experiment in 1992 with the designation of four State Supreme Court Justices in New York County to hear exclusively commercial cases. When the program became permanent in November 1995, an additional Justice was assigned in New York County, bringing the total to five, and Justice Thomas A. Stander was designated to hear commercial cases in Monroe County. The Commercial Division has since been expanded to Westchester, Nassau and Erie Counties as well.

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