Meta Summary: Shielding Corporate Leadership The Business Judgment Rule (BJR) is a foundational principle in corporate law, providing a crucial shield to corporate directors and officers. It establishes a judicial presumption that a board’s decisions were made in good faith, on an informed basis, and in the honest belief they were in the corporation’s best […]
Meta Summary: Directors and officers of a corporation owe a fiduciary duty of care to the company. This essential obligation requires them to act in good faith, with reasonable prudence, and in the best interests of the corporation, a standard often shielded by the powerful Business Judgment Rule (BJR). For corporate directors and officers, the
Article Overview: What You Need to Know Legal malpractice is a serious allegation against a trusted professional. This post explores the core legal requirements—duty, breach, causation, and damages—that a plaintiff must prove to succeed in a legal malpractice claim. We also delve into the challenging “case-within-a-case” requirement and common defenses used by the defending legal