The following excerpt is from Kirschner v. Large Shareholders (In re Tribune Co. Fraudulent Conveyance Litig.), 19-3049-cv, 19-449-cv (2nd Cir. 2021):
On a motion to dismiss, we must accept factual allegations as true as long as they are not "threadbare recitals of the elements of a cause of action, supported by mere conclusory statements." Nielsen v. Rabin, 746 F.3d 58, 62 (2d Cir. 2014) (alteration and internal quotation marks omitted).
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