kaal:claim:2317580-026

Because CIAs combine contractual and public enforcement, with the OIG enforcing them and private rights of action also available, they are more than contractual arrangements, and a breach of a CIA may be treated like a breach of law for purposes of the duty of care.

Source quote, verbatim

Because of the combination of enforcement mechanisms, CIAs are more than contractual arrangements. A breach of a CIA may be treated like a breach of law for purposes of the duty of care.

From

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), IV. The Role of CIAs in Expanding Fiduciary Duties, p. 14
https://ssrn.com/abstract=2317580 · source PDF

Cite as

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013). SSRN: https://ssrn.com/abstract=2317580

Holds when

CIAs enforceable by the OIG and, under Delaware law, by courts via derivative suit

Classification

mechanismsupport: arguedcompliancecorporate-governance

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 50973e1e820aef47a4e7ffdbdcb513d03f1845643fcf4fa5910e9528a0b7dac2. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/42c14dabd828889a...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2317580-026.md | sha256sum