corporate opportunity
corporate opportunity | Wex | US Law | LII / Legal Information Institute
The doctrine of corporate opportunity dictates the broad principle that executives should not abuse their positions within the corporation as it is their job to ...
Corporate opportunity - Wikipedia
The corporate opportunity doctrine is the legal principle providing that directors, officers, and controlling shareholders of a corporation must not take for ...
Small Business and the Corporate Opportunity Doctrine
The corporate opportunity doctrine prohibits a corporate fiduciary from exploiting an opportunity related to the corporation's business unless he or she first ...
Corporate Opportunity Doctrine | Practical Law - Westlaw
This doctrine derives from an officer's or director's duty of loyalty to the corporation. Similarly, in a joint-venture context, one member of the venture owes ...
Corporate Opportunity Doctrine: Litigation Continues into 2020
In a short order from the Delaware Court of Chancery, Vice Chancellor Kathaleen McCormick held that a former director may have usurped a ...
Corporate Opportunity Doctrine | Stimmel Law
The concept that while there is a fiduciary duty to the company, the fiduciary can not take for him or herself a business opportunity that should, instead, be ...
The Perks and Pitfalls of Corporate Opportunity Waivers
States have passed corporate opportunity waiver laws that permit companies to waive this duty for managers and fiduciaries who find new business opportunities ...
Cases and Materials : Corporate Opportunity "Safe Harbor" | H2O
The corporate opportunity doctrine, as delineated by Guth and its progeny, holds that a corporate officer or director may not take a business opportunity for ...
What is Theft of Corporate Opportunity? - Brinen & Associates, LLC
To bring a claim for theft of corporate opportunity, a plaintiff must not only establish that the corporation had a valid interest in the ...
12 CFR 163.201 -- Corporate opportunity. - eCFR
... corporate opportunities belonging to the savings association. (b) A corporate opportunity belongs to a Federal savings association if: (1) The opportunity ...
Cleaning Up the Corporate Opportunity Doctrine Mess
The corporate opportunity doctrine derives from the general principles of fiduciary law, and thus a theoretical understanding of the concept of “fiduciary” is ...
Corporate Opportunity Doctrine | Practical Law - Thomson Reuters
Corporate Opportunity Doctrine · If the opportunity is in the same line of business as the corporation. · If the corporation has an interest or expectancy in ...
The Corporate Opportunity Doctrine - Illinois Business Litigation ...
The basic tenet of the Corporate Opportunity Doctrine is that fiduciaries cannot compete with the company because they owe duties of loyalty, good faith, ...
Corporate Opportunity Doctrine: An Impediment to Corporate ...
The corporate opportunity doctrine prohibits directors and officers from taking business opportunities for themselves that rightfully belong ...
The Corporate Opportunity Doctrine - SMU Scholar
Opportunity as Applied to Officers, Directors and Stockholders of Corporations,. 14 Bus. Law. 957 (1959). In many cases, the use of the corporate opportunity ...
California Business Divorce: Corporate Opportunity Usurpation and ...
We'll address a common variety that tends to lead to business divorce, which is the usurpation of business opportunities by a member.
One step that they should consider is waiving the corporate opportunity doctrine and related fiduciary duties as they would apply to such private equity ...
Corporate Opportunity Doctrine: A Historical View with a Proposed ...
' The general fiduciary duty of directors and officers to the corporation gives rise to the corporate opportunity doctrine. The doctrine is designed to.
Corporate Opportunity Doctrine - directors may not simply lure away ...
The Corporate Opportunity Doctrine comprises the principle that directors should not keep for themselves corporate opportunities that may ...
A Recurring Business Divorce Feature: Usurpation of Corporate ...
A claim for "usurpation of corporate opportunity" is simple to allege, but difficult to prove. Two recent cases out of the Manhattan ...