The Ltd., Inc. v. McCrory Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• allegations that the defendant knew or should have known of the fraud do not render the complaint deficient under Rule 9(b)
• allegation of failure to take audit steps under GAAS to determine extent of inventory markdowns does not rise above allegation of negligence absent factual allegations establishing defendant’s knowledge that inventory practices were defective
• “Prior inconsistent pleadings . . . are controvertible, not conclusive, admissions.”

Source: CourtListener parenthetical corpus (CC0).