Company directors- fiduciary duties, corporate opportunities and confidential informationattention on the general dutyowed by a director to his companymake personal use of confidential informationacquired by reasonArticleThe recent decision in Sibex Construction (SA) (Pty) Ltd vInjectasealCC 1988(2) ...
He suggested that States could impose a fiduciary duty on directors to act with due care and skill to operate with respect for human rights and to include non-financial reporting in the statutory duties of companies.他提出，国家可以要求管理者履行信托义务，谨慎而专业地行事，在经营过程中尊重人权并...
[1] Duties in Evaluating Takeover Attempts In general, the fiduciary obligation of target management and directors in a change of control context is to act in good faith, with due care and loyalty, in what they believe to be the best interests of the corporation and its constituents. Duty ...
(37) It is not surprising to me that the duty of care and skill that is presumptively owed by every fiduciary has been called a fiduciary duty in the UK, in Canada, and in the US, and that the same suggestion has been made by Heydon J. PRESCRIPTIVE FIDUCIARY DUTIES (24) The fiduciar...
focused on the continuity and commonality of the relevant fiduciary duties rather than on any discontinuity.13 Under the Trenwick decision, whether the corporation is solvent, insolvent or unknowably in tran- sition, the duties of directors are essentially the same: "to pursue value maximizing str...
Fiduciary Duties: Rights and Wrongs for Directors of Financially Troubled CompaniesRosa J. Evergreen
In a significant development for Korean corporate governance, a new bill introduced to the National Assembly in June 2024 has reignited discussions on the potential expansion of the scope of directors’ fiduciary duties. The bill, sponsored by Rep. Jun-ho Jeong, seeks to incorporate the “...
A similar fiduciary duty can be held bycorporate directors, as they can be considered trustees for stockholders if on the board of a corporation, or trustees of depositors if they serve as the director of a bank.7Specific duties include the following: ...
The fiduciary duties of directors: A proposal for improving corporate governance in Latin America 来自 Semantic Scholar 喜欢 0 阅读量: 23 作者: C Paz-Ares 摘要: Corporate governance problems arise because corporations are fictional entities, with a legal status that is separate from any of the ...
Fiduciary duties may be required of a stockholder in certain circumstances when they possess a majority interest in a corporation or exercise control over its activities. A breach of fiduciary duty may result in personal legal liability for the controlling shareholder as well as for directors and of...