Introduction: In the fast-paced world of business, your brand is one of your most valuable assets. For most companies, the mere thought of brand infringement can send shivers down the spine. Imagine building a brand from the ground up, investing blood, sweat, and...
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Business Judgment Rule: Bad Decisions by Directors or Officers are not necessarily a Breach of Duty.
The business judgment rule accepted by most US jurisdictions is intended to protect officers and directors from liability where they have made decisions in good faith and using appropriate procedures, even if those decisions turn out to be poor or have negative...
Business Judgment Rule: Directors and Officers May be Held to a Fiduciary Duty of Care.
Directors and officers owe a fiduciary duty to the corporation and, by extension, its shareholders. The duty of care requires directors and officers to act in as competent a manner as would reasonably prudent people in their positions. Officers and directors must make...
What can our corporate finance practice do for your business?
All companies have financial obligations and objectives. If these goals are not met, then the door is open to creditors and even shareholders filing legal claims against the company to recoup any avoidable losses suffered. Company structure and operating capital...