13Sep
Business Judgement Rule
The business judgment rule is a legal principle that provides a level of protection to corporate directors and officers when making decisions on behalf of a corporation. It is a legal presumption that, in making business decisions, directors and officers of a corporation act in good faith and in the best interests of the company.
The Business Judgment Rule plays a vital role in determining and evaluating every business decision made by a corporate board of directors, whether grounded in good faith or otherwise. Under this principle, directors may be shielded from various forms of liability for losses incurred by the company, as long as they adhere to this rule.
We can assist you in ensuring that your business endeavors are firmly rooted in the principles of the Business Judgment Rule, providing you with the confidence that your actions as a director align with legal standards and best practices.
Business Judgment Rule service consist of :
- Legal & compliance advisory;
- Risk assessment & due diligence;
- Legal defense.
