The following excerpt is from In re Pace, 146 BR 562 (B.A.P. 9th Cir. 1992):
The appellants assert that for the trustee to hold the malpractice claim on behalf of the estate, four state law elements of a professional malpractice claim must exist. First, there must be a duty; second, a breach of the duty; third, a proximate causal connection between the negligent conduct and the resulting injury; and forth, actual loss or damage resulting from the professional's negligence. See, Thomas v. Cleary, 768 P.2d 1090, 1092 (Alaska 1989).
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.