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Tag Archives: Corporate Opportunity Doctrine

BusinessPartner

What is the Corporate Opportunity Doctrine?

By Michael Pike and Daniel Lustig |

Corporate directors, officers, and controlling shareholders owe duties to their company and to the minority shareholders. Under the corporate opportunity doctrine, these representatives are legally prohibited from taking for themselves any business opportunity that could reasonably benefit the corporation. This is one aspect of the fiduciary duties of a corporate officer, and it is… Read More »

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