Adverse-Domination Doctrine Law and Legal Definition
Adverse-domination doctrine is available for the benefit of the corporation. This doctrine is also termed as adverse dominion, doctrine of adverse domination. This doctrine states that the equitable principle that the statute of limitations on a breach-of-fiduciary-duty claim against officers and directors of a corporation is defeated until a corporate plaintiff is controlled by the wrongdoers. Until a major part of the disinterested group of directors is put on notice of the claim against the wrongdoers, the statute is defeated.
