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
In a groundbreaking new decision, the United States District Court for the Eastern District of North Carolina has dismissed “say on pay” claims against officers and directors of Dex One Corporation. Smith Anderson served as...more