Procedural Steps to Form and Organize a Corporation: From Filing to Stock Issuance Procedural Steps to Form and Organize a Corporation: From Filing to Stock Issuance Forming a corporation involves more than simply submitting paperwork to the Secretary of State. After choosing the right structure and planning your governance framework, you’ll need to follow specific…
The Duty to Follow the Law: A Core Responsibility for Corporate Directors The Duty to Follow the Law: A Core Responsibility for Corporate Directors One of the fundamental fiduciary obligations of corporate directors is the duty to follow the law—also referred to as the duty of obedience. This duty requires directors to ensure that all…
Director Duties in M&A Transactions: What Every Board Should Know Director Duties in M&A Transactions: What Every Board Should Know Mergers and acquisitions (M&A) represent pivotal moments in a corporation’s life cycle. Directors play a critical role in ensuring these complex transactions serve the long-term interests of the company and its stakeholders. Fiduciary Duties During…
Best Practices for Performing Fiduciary Duties as a Corporate Director Best Practices for Performing Fiduciary Duties as a Corporate Director Fulfilling fiduciary duties is one of the most important responsibilities of a corporate director. These duties—loyalty, care, and obedience—form the foundation of trustworthy and lawful governance. Adhering to best practices ensures compliance and builds lasting…
