The Elements for the Claim of Abuse of Control

Nevada elements05/01/2021

In Nevada, the elements for the claim of Abuse of Control are:

  • Defendants are officers and/or directors of [CORPORATE NAME] (the “Company”);
  • Defendants are fiduciaries to the Company;
  • Defendants breached their fiduciary duty to the Company;
  • Defendants engaged in misconduct in their capacity as officers and/or directors of the Company as alleged hereinabove;
  • Defendants’ conduct constituted an abuse of their ability to control and influence the Company, for which they are legally responsible;
  • Damages;
  • Plaintiff is entitled to an award of punitive damages; and
  • Plaintiff is entitled to an award of attorney fees and costs as damages.

Categories

By NLB

The information provided on this site does not, and is not intended to constitute legal advice. You understand each legal matter should be considered to be unique and subject to varying results. You should not take or refrain from taking action based on any information contained on this website without first consulting legal counsel, as it is not intended to advise you on your particular matter. Further, you understand that no guarantee is given that the information contained herein is an accurate statement of the law at any given point in time, as the law is constantly changing. Guest bloggers are responsible for their own content, which is not to be construed as an article authored by NLB. Please see https://nevadalaw.info/disclaimer

Leave a comment