Shareholders, Personal Liability, Directors

Significant Amendments Proposed to the DGCL to Stem Business Defections to Other States

Lathrop GPM on 2/21/2025

Proposed amendments to the Delaware General Corporation Law (DGCL) introduce safe harbors for liability from transactions involving directors, officers and controlling stockholders and define and limit a stockholder’s right...more

Directors' Duties Under English Law — How to Lead in Difficult Times

Katten Muchin Rosenman LLP on 7/1/2022

Elon Musk recently said he has a "super bad feeling" about the economy, pithily declaring what most financial commentators have been predicting in more technical terms....more

Establishing A Business Entity In Argentina (Updated)

International Lawyers Network on 12/11/2020

Types of business entities - The two most common types of legal entities adopted in Argentina are the limited liability company (“Sociedad de Responsabilidad Limitada” or “SRL”) and the corporation (“Sociedad Anónima” or...more

A New Restructuring Plan

A&O Shearman on 9/17/2020

For over a century, U.K. company law has enabled a company to propose, to its creditors or shareholders, a compromise or arrangement of their rights which, if approved by the requisite majority and then by the court, is...more

COVID-19 UK: Finance & Restructuring – Suspension Of Wrongful Trading And Protecting Directors From Personal Liability – Insight

Orrick, Herrington & Sutcliffe LLP on 4/6/2020

Note: This Insight has been updated since originally published on March.24.2020 with the title "COVID-19 - Protecting Directors from personal liability during uncertain times". We are amid a black-swan event that is...more

Establishing A Business Entity In Argentina (Updated)

International Lawyers Network on 12/3/2019

Types of business entities - The two most common types of legal entities adopted in Argentina are the limited liability company (“Sociedad de Responsabilidad Limitada” or “SRL”) and the corporation (“Sociedad Anónima” or...more

Third Circuit Decision Highlights Important Distinction Between Directors and Board Observers

White and Williams LLP on 7/29/2019

A recent decision by the U.S. Court of Appeals for the Third Circuit offers an important reminder of the distinction between the roles (and exposure to liability) of corporate directors and board observers. In a precedential...more

Breaches in the Boardroom: What Directors and Officers can do to Reduce the Risk of Personal Liability for Data Security Breaches

Goodwin on 2/9/2015

Corporate directors and officers may increasingly be targets of shareholder derivative lawsuits in the wake of the surge of regulatory actions and private litigation around data breaches,. While no individual directors and...more

Individual Liability in CFPB Enforcement Proceedings

K&L Gates LLP on 5/29/2014

To date, the CFPB has brought 12 cases—out of more than three dozen total CFPB enforcement cases—in which it named individuals as defendants or respondents liable for violations of consumer protection statutes. Below, we...more

MA Appeals Court Narrows but Otherwise Keeps Intact Individual Liability Under the Wage Act

Mintz - Employment, Labor & Benefits... on 1/21/2014

A recent decision from a Massachusetts appeals court should give some Massachusetts certain managers and directors one less thing to worry about. Simply having the title of a manager or director alone is insufficient for...more

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