kaal:claim:2317580-030

Outside the CIA context, oversight claims are the most difficult theory in corporation law on which to win judgment, and courts dismiss duty of care cases routinely at the pleading stage.

Source quote, verbatim

Courts dismiss duty of care cases routinely at the pleading stage.

From

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), IV.2 Delineating the Role of CIAs in Fiduciary Duties, p. 15
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

derivative suits alleging lack of oversight
demand futility pleading requirements

Classification

failuresupport: evidencedfailure: routine pleading stage dismissal of duty of care claimsfamily: board-and-oversight-failureinstitutional-design

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