The North Carolina Business Court recently issued a lengthy opinion discussing the duties of corporate directors. Key points include:
..Directors comply with their duty to exercise adequate oversight if the board makes a...more
In a case of first impression in North Carolina, a judge for the North Carolina Business Court was recently asked to decide whether a single law firm may simultaneously represent both a corporation and its individual...more
11/10/2021
/ Client Representation ,
Client Services ,
Conflicts of Interest ,
Corporate Entities ,
Derivative Complaint ,
Derivative Suit ,
Directors ,
Legal Ethics ,
Rules of Professional Conduct ,
Self-Dealing ,
Shareholders
On November 8, 2013, the North Carolina Supreme Court issued a rare opinion addressing the duties of corporate directors and reaffirming that those duties are generally owed only to the corporation itself rather than the...more