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Matthew H. McKinney, Esq.
BrownWinick Law Firm
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Tag Archives: Director
Fiduciary Duties and Creditors?
Difficult economic times frequently generate unanticipated questions and challenges for a corporation and its creditors. One unanticipated question may include if or when fiduciary duties should be extended to a corporation’s creditors. While it is well-recognized that officers and directors … Continue reading
Can I Challenge Poor Decisions Made by my Business’ Management?
The Business Judgment Rule – a rule all business owners / shareholders should consider before challenging decisions made by a business’ management. Generally speaking, decisions made by a business’ management (officers / directors; member / managers) are protected from outside … Continue reading
Posted in Business Owner, Director, Litigation, Shareholder
Tagged Business Judgment, Business Judgment Rule, Business Owner, Business Owners, Director, Fiduciary Duty, manager, member, Officer, Poor Business Decision, Shareholder, shareholder's concerns, shareholder's questions, shareholder's rights
2 Comments
A Director’s Duty to Remain Silent
Protecting confidential and non-public information In the criminal world you may have a right to remain silent, but if you are a director in a corporation you have a duty to remain silent. As outlined here, directors of a corporation … Continue reading
Fiduciary Duties
The Who, What, When, Where, and Why of Fiduciary Duties in Small Businesses and Corporations. A Brief Introduction to a Broad, Complex, and Ever-Changing Duty. What is a fiduciary duty? A fiduciary duty is often regarded as the highest duty … Continue reading
Posted in Business Owner, Director, Litigation, Shareholder, Shareholder
Tagged Business Owners, Director, Duty of Care, Duty of Confidentiality, Duty of Loyalty, Duty to Disclose, Duty to Inspect, Fiduciary Duties, Fiduciary Duty, manager, member, Officer, Partner, Shareholder, Standards of Conduct
8 Comments
Oppression / Freeze-out
Am I Oppressed? A Minority Shareholder’s / Business Owner’s Diagnosis In businesses and corporations (of all sizes) across the country, the law generally requires management to act in accordance with their fiduciary duties. A fiduciary duty requires, among other things, … Continue reading
Posted in Business Owner, Litigation, Shareholder
Tagged Arizona law, Business Owner, Corporate Duties, Corporation, Director, Dividends, Freeze-out, manager, member, Minority Shareholder, Officer, Oppression, Shareholder, Stockholder
3 Comments
