kaal:claim:2811718-022

Defendants owe a duty to use reasonable care in conducting financial due diligence consistent with the standards of care in the profession.

Source quote, verbatim
Defendants have "a duty to use reasonable care in conducting financial due diligence consistent with standards of care in the profession.
From

Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016), III.B.1. Legal Standards, p. 34
https://ssrn.com/abstract=2811718 · source PDF

Cite as

Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016). SSRN: https://ssrn.com/abstract=2811718

Holds when
Classification

conditionsupport: evidencedcorporate-governanceeducation-and-practicelaw-and-legal-systems

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