Liquidating a close corporation
Telugu sex videos poilue
The first part determines whether the business opportunity at issue is a “corporate” opportunity. The second part of the test determines whether the corporate director, in acquiring the corporate opportunity, violated his or her fiduciary duties of loyalty, good faith and fair dealing toward the corporation.
Part III describes the special problems faced by derivative plaintiffs as contrasted with direct plaintiffs and thereby shows why the direct/derivative distinction matters.
Liquidating a close corporation comments