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Askot, Weiner & Cohen, LLP

2929 Arch Street, Suite 1650 Philadelphia PA 19104-2868 U.S.A. View Map

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DIRECTOR'S DUTY OF LOYALTY
AN OVERVIEW More...
Initial Public Offerings & the Securities Act of 1933
An Introduction to the Securities Act of 1933 More...
Antitrust & Trade Law: Sherman Act
Agreements In Restraint of Trade More...
Antitrust & Trade Law: Clayton Act
Section 3 of the Clayton Act, 15 U.S.C.S. § 14, makes illegal certain distribution practices. Generally, Section 3 of the Clayton Act makes it illegal to enter into tying arrangements, exclusive dealing contracts, or requirements contracts if such arrangements or contracts tend to lessen competition. More...
Reliance on Third-Party Advice or Information
The duty of care requires directors to act in good faith and in a manner that they reasonably believe is in the best interest of the corporation. Directors must exercise informed business judgment and be attentive to the corporation's affairs. In order to do so, directors are required to keep themselves informed of all material information that is reasonably available to them before making a business decision. Directors also must use care when performing their duties. More...

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