The following excerpt is from Satchell v. Dilworth, 745 F.2d 781 (2nd Cir. 1984):
Thus, not only do the allegations of the second amended complaint cure many of the deficiencies of the first amended complaint, but they may very well lead plaintiff to a recovery on his claim. Cf. Verhein v. South Bend Lathe, Inc., 598 F.2d 1061, 1063 (7th Cir.1979) (leave to amend properly denied where proposed amendment failed to allege facts supporting "a valid theory of liability").
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