Business Law
| Business & Corporate Entities> Corporations> Directors & Officers> Compensation & Qualifications |
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| (The Compensation Committee of Independent Directors for More... |
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| Interval Investment Funds |
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| Interval funds are a type of closed-end fund that offers to buy shares in the fund back from investors at stated intervals and in stated amounts. However, shareholders are not obligated to sell their shares back to the fund. More... |
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| Duty of Loyalty: Confidentiality |
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| The duty of loyalty prohibits a director from using her corporate position to obtain a personal profit or to gain a personal advantage. A director is privy to information that may not be known to others outside the corporate sphere. As part of the duty of loyalty, a director cannot take advantage of corporate information for her own personal interests.
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| "Persons" Subject to the Sherman Act |
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| Sections 1 through 3 of the Sherman Act, 15 U.S.C.S. §§ 1-3, provide for prison terms, fines and damages to be assessed against "persons" who enter into agreements in restraint of trade or who monopolize, attempt to monopolize or conspire to monopolize trade. More... |
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| Securities Trading Halts, Delays, and Suspensions |
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| The Securities and Exchange Commission may suspend trading in a security for up to ten days. Securities exchanges such as the New York and American Stock Exchanges and Nasdaq may delay trading in a security at the beginning of a trading day or halt trading in a security during the trading day. More... |
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