Law Offices of Mintz & Werner, lawyers in Los Angeles, CA, California

Duty of Loyalty: Confidentiality

The duty of loyalty prohibits a director from using her corporate position to obtain a personal profit or to gain a personal advantage. A director is privy to information that may not be known to others outside the corporate sphere. As part of the duty of loyalty, a director cannot take advantage of corporate information for her own personal interests. More...

Business & Corporate Entities> Corporations> Directors & Officers> Management Duties & Liabilities

(Sources of Document Retention Requirements)More...

Director or Officer Liability under Federal Employment Law

Title VII of the Civil Rights Act of 1964 (Title VII) forms the basis of many employee discrimination claims against employers. Under Title VII, an employer with more than five employees is forbidden from making employment-related decisions based on race, color, religion, gender, or national origin. An employer is also prohibited from engaging in conduct that has the purpose or effect of creating an intimidating or hostile work environment. Title VII's provisions encompass all types of employers conducting including hiring, firing, compensation, benefits, privileges, and employment conditions. Recently, the United States Supreme Court concluded that Title VII prohibits constructive discharges, i.e., the employee has no alternative but to resign following a tangible and adverse employment action. More...

Business & Corporate Entities> Corporations> Shareholders & Other Constituents> Shareholder Duties & Liabilities

(Controlling Shareholder Duties)More...

THE BUSINESS JUDGMENT RULE

CORPORATE TAKEOVERSMore...