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Enhanced Antitrust Criminal Penalty and Leniency Provisions

The Antitrust Criminal Penalty Enhancement and Reform Act of 2004, signed into law on June 22, 2004, as part of H.R. 1086, increased penalties for violations of the Sherman Act while increasing incentives for participation in the leniency program...

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...

DIRECTOR'S DUTY OF LOYALTY

AN OVERVIEW

Corporate directors1 are fiduciaries of the company and occupy positions of trust and confidence. Directors are obligated to remain loyal to the corporation by protecting the corporation's best...

Registration Requirements for Securities Brokers and Dealers

Most brokers and dealers are required under Section 15 of the Securities Exchange Act of 1934 to register with the Securities and Exchange Commission and with a self-regulatory organization such as a national stock exchange before engaging in the...

Business & Corporate Entities> Corporations> Shareholders & Other Constituents> Shareholder Duties & Liabilities

Controlling Shareholder Duties

Owners of a majority of voting shares of a corporation or of sufficient shares to provide working control of the corporation have a duty of fairness toward the corporation and...