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https://foxswibel.com/2018/07/25/duty-of-loyalty/#:~:text=%20Conduct%20which%20is%20likely%20to%20trigger%20liability,of%20a%20corporate%20opportunity3%20without%20first...%20More%20
https://wattsguerra.com/duty-of-loyalty-owed-by-corporate-officers/
Corporate officers and directors must strictly observe and fulfill this duty in order to protect and benefit the company, and the exercise of fiduciary duties for the benefit of the company over the individual’s interest requires an undivided and unselfish loyalty to the corporate interest. In the event of a conflict between the duty of loyalty owed to the company, on the one hand, and a …
https://www.law.cornell.edu/wex/duty_of_loyalty
The duty of loyalty stands for the principle that directors and officers of a corporation in making all decisions in their capacities as corporate fiduciaries, must act without personal economic conflict. The duty of loyalty can be breached either by making a self-interested transaction or taking a corporate opportunity.
https://corporations.uslegal.com/officer-and-director-liability/responsibilities-of-officers-and-directors/duty-of-loyalty/
The duty of loyalty requires an officer or director to act in the best interests of the corporation and not in the person’s own best interest. Several instances may give rise to issues that implicate the duty of loyalty, and an officer or director should be aware of how to handle each of these instances should they arise. An officer’s or director’s conflict of interest may or may not cause …
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
1) Duty of Care – directors and officers must use care and be diligent when making decisions on behalf of the... 2) Duty of Loyalty – directors and officers must have an undivided duty of loyalty to the corporation and shareholders. 3) Duty of Good Faith – Some states, in addition to duty of ...
https://foxswibel.com/2018/07/25/duty-of-loyalty/
https://legalbeagle.com/6295947-duties-responsibilities-corporate-officers.html
The duty of loyalty requires that the officer avoid taking any action as a corporate officer that will cause him to benefit above the corporation and the shareholders. This means that the corporate officer has a duty not to use information obtained from the corporation to buy stocks and securities, such as "insider trading."
https://www.oflaherty-law.com/learn-about-law/fiduciary-duties-of-corporate-officers-and-director
What are the Fiduciary Duties Directors and Corporate Officers Take On? Duty of Care: Directors and corporate officers must use care and be diligent when making decisions on behalf of the... Duty of Loyalty: This fiduciary duty states that corporate officers and directors must always put the ...
https://corpgov.law.harvard.edu/2016/08/22/opting-out-of-the-fiduciary-duty-of-loyalty-corporate-opportunity-waivers-within-public-companies/
For nearly two centuries, a cornerstone of Anglo-American corporate law has been the fiduciary duty of loyalty, the most demanding and litigated fiduciary obligation imposed on corporate managers. The duty—which regulates financial conflicts of interest and requires managers to subordinate their own interests to the corporation’s—represents a key policy lever …
https://corpgov.law.harvard.edu/2021/02/21/recent-trends-in-officer-liability/
More than a decade ago in the seminal case Gantler v. Stephens, the Delaware Supreme Court clarified that officers of Delaware corporations owe the same fiduciary duties of care and loyalty that directors owe to the corporation and its stockholders. While directors and officers owe the same fiduciary duties, they are not entitled to the same defenses.
https://www.skadden.com/insights/publications/2020/12/insights-the-delaware-edition/recent-trends-in-officer-liability
Edward B. Micheletti Bonnie W. David Andrew D. Kinsey. More than a decade ago in the seminal case Gantler v. Stephens, 1 the Delaware Supreme Court clarified that officers of Delaware corporations owe the same fiduciary duties of care and loyalty that directors owe to the corporation and its stockholders. While directors and officers owe the same fiduciary duties, …
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