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Duty of Care

A corporate director has the duty to act in good faith in pursuit of the company's best interests and to use the care that an ordinarily prudent person in a like position would use under similar circumstances. The Model...

Investment Advisor Codes of Ethics

Rule 204A-1 of the Securities and Exchange Commission, adopted pursuant to the Investment Advisers Act of 1940, requires implementation of codes of ethics by investment advisers. Each adviser's code of ethics must include a standard of conduct...

Tortious Interference with a Contract or with Prospective Contractual Relations

Parties to a contract are entitled to performance of the contract without interference from others. Interference with a contract can lead to claims of tortious interference with performance of the contract or tortious interference with...

Securities Transfer Agents

Securities Transfer Agents

Transfer agents track the owners of securities. They also perform several other services for companies with registered and publicly traded securities in the course of tracking the owners of...

Fairness Standard and Business Judgment Rule

The business judgment rule is a rebuttable, procedural presumption that a corporate director has acted on an informed basis in good faith and in the honest belief that the action taken was in the best interest of the...