Demand Futility

Demand Futility - 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.

Class Information

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Identification

Label (rdfs)
Demand Futility
Preferred Label
None
Alternative Labels
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Identifier
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Definition and Examples

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
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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

Class Relationships

Parent Class Of
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Is Defined By
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See Also
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Additional Information

Comment
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Description
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Notes
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Deprecated
False

Metadata

History Note
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In Scheme
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Source
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Graph

Demand FutilityDemand Futility - 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.Corporate and Partnership Liability ClaimsCorporate and Partnership Liability Claims - Corporate and Partnership Liability Claims refer to legal claims made against corporations or partnerships for their actions or inactions that result in harm or injury to others, including claims related to breach of fiduciary duty, wrongful interference, debt liability, freeze-out of minority shareholders, and piercing the corporate veil.sub_class_ofparent_class_ofsee_alsois_defined_byselfsub_class_ofparent_class_ofsee_alsois_defined_by