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Business Law

Reliance on Third-Party Advice or Information
The duty of care requires directors to act in good faith and in a manner that they reasonably believe is in the best interest of the corporation. Directors must exercise informed business judgment and be attentive to the corporation's affairs. In order to do so, directors are required to keep themselves informed of all material information that is reasonably available to them before making a business decision. Directors also must use care when performing their duties. More...
Business & Corporate Entities> Corporations> Directors & Officers> Management Duties & Liabilities
(Sources of Document Retention Requirements) More...
"Persons" Subject to the Sherman Act
Sections 1 through 3 of the Sherman Act, 15 U.S.C.S. §§ 1-3, provide for prison terms, fines and damages to be assessed against "persons" who enter into agreements in restraint of trade or who monopolize, attempt to monopolize or conspire to monopolize trade. More...
Director Committees for NASDAQ-Listed Companies
Required Independent Director Committees for NASDAQ-Listed Companies More...
Actions for Discriminations under the Comprehensive Environmental Response, Compensation and Liability Act
Protection for CERCLA or Superfund Whistleblowers More...

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