| Disclosure of a Corporate Opportunity |
| |
| Generally, a corporate director breaches the duty of loyalty if she seizes a business opportunity for herself that the corporation was financially capable of undertaking or in which the corporation had a reasonable interest or expectancy. Additionally, the director's loyalty is called into question if she takes personal advantage of a business opportunity that was in line with the corporation's business. More... |
| |
| Minority Shareholder Remedies |
| |
| Shareholders who control corporations either through majority ownership or ownership of sufficient shares in a particular corporate structure to exercise control have a duty of fairness to minority shareholders. In addition to such fairness required by courts, corporation statutes of most states provide for additional remedies for minority shareholders. Those remedies include appraisal rights, dissolution, and judicial intervention.More... |
| |
| Securities Law> Additional Offerings, Disclosure & the Securities Exchange Act of 1934> Tender Offers |
| |
| (Going Private Reporting Requirements for Public Companies)More... |
| |
| The U.S. Foreign Corrupt Practices Act |
| |
| Corrupt payments to foreign officials to obtain or keep business are prohibited by the U.S. Foreign Corrupt Practices Act. There are five elements of a violation of the provisions of the Act prohibiting bribery of foreign government officials.More... |
| |
| Securities Law> Exemptions From Registration> Exempted Transactions |
| |
| (The Private Offering Exemption From SEC Registration Requirements)More... |
| |
