Explore a wealth of resources on business ethics, where visitors will find insightful articles, video interviews with legal experts, and definitions of key legal terms related to ethical practices in the corporate world. This section covers essential topics such as compliance, corporate governance, and the legal implications of unethical behavior, providing valuable guidance for attorneys and business professionals alike. Enhance your understanding of the legal framework surrounding ethical decision-making and stay informed about best practices in the business landscape.
The duty of loyalty is a fiduciary obligation requiring a trusted decision-maker to act 100% in the beneficiary’s best interests, not their own. It bars conflicts of interest, self-dealing, and taking secret profits from the relationship. This article explains who owes the duty, common violations, and potential legal remedies. Understanding the Duty of Loyalty The […]
What is the duty of loyalty? Read More »
Backdating is generally lawful only if it accurately reflects a prior agreement and doesn’t mislead any party, court, or regulator. To reduce risk, disclose the true signing/execution date, document intent in writing, and avoid backdating that changes rights, taxes, or compliance timelines. This article explains when backdating is permitted, red flags, and practical safeguards. In
How to Avoid Risk When Backdating Documents Read More »
Courts pierce the corporate veil under the alter ego rule when 2 factors are shown: unity of interest/ownership and an inequitable result if the entity is treated separately. Evidence often includes commingling funds, undercapitalization, ignoring corporate formalities, or using the company to perpetrate fraud. This article explains the legal test, common proof, defenses, and real-world
Decoding the Alter Ego Rule: Comprehensive Guide to Corporate Veil Piercing Read More »
