kaal:claim:3017612-037

Damages are usually an inadequate remedy for breach of a shareholder agreement because they are too speculative, even where the aggrieved shareholder holds a direct cause of action.

Damages for breaches of provisions of valid shareholder agreements are often too speculative to provide and adequate remedy, even though the individual has a direct cause of action.

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017), IV.2 Consequences of a Breach of the Shareholders' Agreements, p. 17
https://ssrn.com/abstract=3017612 · source PDF

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612

• breach of a valid shareholder agreement

failuresupport: arguedfailure: speculative-damages-inadequate-remedyfamily: enforcement-gapinstitutional-design

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