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Commercial division update: The ‘substantial assistance’ element of aiding and abetting fraud claims
New York Law Journal
The tort of aiding and abetting common law fraud is often asserted when an advisor or consultant to a defendant is involved in a transaction in which plaintiff alleges the defendant committed fraud.
Plaintiffs may claim that the advisor or consultant – perhaps with deeper pockets than the defendant – helped facilitate the fraud, and therefore should be held accountable. Such claims have been brought against a whole array of targets, including financial advisors, trustees, officers and directors and attorneys.
Download the full New York Law Journal article, "Commercial division update: The ‘substantial assistance’ element of aiding and abetting fraud claims."
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