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Simple English definitions for legal terms

doctrine of adverse domination

Read a random definition: subterfuge arrest

A quick definition of doctrine of adverse domination:

The Doctrine of Adverse Domination is a legal principle that states that the statute of limitations on a breach-of-fiduciary-duty claim against officers and directors of a corporation is paused as long as the corporation is controlled by the alleged wrongdoers. This means that the time limit for filing a claim is extended until a majority of the disinterested directors discover or are put on notice of the claim against the wrongdoers. The purpose of this doctrine is to prevent a director or officer from successfully hiding wrongful or fraudulent conduct during the limitations period. This doctrine is only available to benefit the corporation.

A more thorough explanation:

The Doctrine of Adverse Domination is an equitable principle that tolls the statute of limitations on a breach-of-fiduciary-duty claim against officers and directors, especially when a corporation sues its own officers and directors. This principle is applied when the corporate plaintiff is controlled by the alleged wrongdoers.

The statute of limitations is tolled until a majority of the disinterested directors discover or are put on notice of the claim against the wrongdoers. The purpose of this doctrine is to prevent a director or officer from successfully hiding wrongful or fraudulent conduct during the limitations period.

For example, if a corporation's CEO and board of directors engage in fraudulent activities that harm the corporation, the Doctrine of Adverse Domination can be applied to toll the statute of limitations until a majority of the disinterested directors discover or are put on notice of the wrongdoing. This allows the corporation to bring a claim against the wrongdoers even if the statute of limitations has expired.

It is important to note that this doctrine is only available to benefit the corporation and not the individual officers or directors.

doctrine of acquired rights | doctrine of approximation

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JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
Dkk
0:08
@SplitterusClitterus: really depends on the school. Could mean they have just received it. Could be it is under review. Could mean they already have a decision for you. For Stanford, idk.
Mmm ok thank you
JumpySubsequentDolphin
1:19
my friend JUST sent me that omg
JumpySubsequentDolphin
1:19
also @renard that shows your IG handle
JumpySubsequentDolphin
1:20
I assume you don’t want to doxx yourself 😧
JumpySubsequentDolphin
1:20
if we send enough messages it will stop showing the message tho!!!!!!!!
JumpySubsequentDolphin
1:21
@renard99: come back and spam messages I only have so many left 😔
JumpySubsequentDolphin
1:23
. . .
Dkk
1:49
@renard99: you shared a post a good friend of mine had liked. Lmfao but respect +1
Dkk
1:49
I laughed at it too +1
1:50
Damn lol
1:50
Follow me brah
JumpySubsequentDolphin
2:01
I followed you
JumpySubsequentDolphin
2:01
don’t dox me ☹️
2:06
Nw I won’t dox you 😎
JumpySubsequentDolphin
2:07
don’t judge my feed either I’m bad at Instagram :/
3:17
has anyone here worked for a DAs office during the school year
3:43
LMFAOOO THE INSTAGRAM POST
m10
3:50
I have no idea how it shows his Insta handle. This makes me an old man.
Dkk
3:52
i think you all are just bullshitting
Dkk
3:54
Y'all are gay af.
Dkk
3:54
Making drama out of nothing like a buncha homosexuals.
5:45
Dk I think it shows up
5:45
if you’re already signed into Instagram
5:55
workin workin, grinding
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