{"iri":"https://folio.openlegalstandard.org/RuIG2rEI5t49RfIVJsH0IX","label":"Demand Futility","sub_class_of":["https://folio.openlegalstandard.org/R9JkfZIjkVSa5ud1tJ14w3i"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R7eVYpVEsDqKqMUL2HL23Zr"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"en-gb":"Demand Futility","es-es":"Futilidad de la Demanda","es-mx":"Futilidad de la Demanda","pt-br":"Futilidade da demanda","fr-fr":"Futilité de la demande","de-de":"Nachfrageaussichtslosigkeit","he-il":"פסולת דרישה","hi-in":"मांग निष्फलता","zh-cn":"需求无效","ja-jp":"需要の無効"},"hidden_label":null,"definition":"Demand futility is a legal concept within corporate and partnership liability claims that allows shareholders to bring a lawsuit on behalf of the company without first making a demand on the board of directors if doing so would be futile.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}