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Home / Opinion Digests / Attorneys / Attorneys – Tort/Negligence – Legal Malpractice – Breach of Fiduciary Duty – In pari delicto – Aiding & Abetting – Corporate – Agency (access required)

Attorneys – Tort/Negligence – Legal Malpractice – Breach of Fiduciary Duty – In pari delicto – Aiding & Abetting – Corporate – Agency (access required)

While the plaintiff-corporation’s directors were allegedly looting the corporation (Zloop) for personal benefit, their fraud benefitted Zloop by allowing it to temporarily remain in business and to obtain franchises and lines of credit; as such, the directors’ acts are imputed to Zloop as a matter of law (pursuant to the Delaware and New York approach, ...

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