In part 1 of this post, we talked about the fiduciary duties of corporate directors and officers. In part 2, we provide an example of the kinds of lawsuits these fiduciaries can face. Allegations against directors and officers of a California-based company A...
Seasoned Trial Attorneys,
Month: September 2020
Directors and officers as fiduciaries are always under scrutiny, part 1
In both a private or public corporation, a director or officer has a fiduciary duty to the company and its shareholders to be loyal to the business, to act in good faith and with honesty and care in carrying out their responsibilities, and to act in the corporation’s...
Potential impact of COVID-19 on real estate contract obligations
As those in the real estate industry know, the novel coronavirus has slowed down the market for several reasons, including restrictions on personal and business activity as well as financial impacts from the related economic slowdown. Plus, some assumptions about...