UCLA Law School Professor Stephen Bainbridge posted some thoughts yesterday on the meaning of contractual "best efforts" requirements. See What do "best efforts" and variants mean? A proposed set of definitions. The springboard for Professor...
Best Efforts - A California Perspective
Posted on March 31, 2017
Want To File A Derivative Suit? You May Soon Be Required To Read Statutes
Posted on March 24, 2017
I have been writing recently about SB 203, a bill that is now pending in the Nevada legislature. As introduced, the bill would, among other things, require the following:
Why An Understanding Of Officers As Agents May Be Important
Posted on March 03, 2017
In several recent posts, I have noted that officers, unlike directors, are agents of the corporation. Recognizing the agency status of officers can affect the legal analysis in a number of significant ways, including:
