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Corporate Officers Articles of Incorporation

Hiring & Firing Officers In California

by Allen Matkins on

John Jenkins at The Mentor Blog addresses the question of who has authority to hire and fire officers? He notes...more

Fourth Circuit: Business Judgment Rule May Not Protect Bank Officers in FDIC Action

Why it matters - Bank officers may be liable in a lawsuit brought by the Federal Deposit Insurance Corp. (FDIC) while the directors escaped liability, in a new ruling from the Fourth Circuit Court of Appeals interpreting...more

Are Charter Indemnification Provisions Contracts?

by Allen Matkins on

Public companies typically include provisions in their articles and bylaws that mandate indemnification of directors and officers. Often, these provisions include a statement to the effect that the rights to indemnification...more

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