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Director & Shareholder Liability

Leading Companies Comes With Its Own Risks

A director provides strategic guidance to the executive officers of a company. A director may also be a CEO or be in another executive role. Directors have various fiduciary duties to the corporation, and can potentially be held personally liable for breaching these duties. For example, it is very easy to run into a conflict of interest if you are advising a company in an industry that you have an economic interest in. 

You should consult with a lawyer before you accept a board of directors appointment. We will ensure you understand the risks you are taking on, as well as make sure the corporation has implemented the proper protections for its directors. Ideally, we can ensure you are in compliance with the relevant corporate laws before a big pocketed investor decides to sue the corporation and its directors in their personal capacity.

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