Posted inBoards & Shareholders

Parsing Counsel’s Duties At Closely Held Cos.

Although the principle that a corporation’s lawyer represents the company rather than the individuals who own or run the company is well-established, lawyers for small, closely held companies sometimes face challenges in determining whether they also have any fiduciary obligations to shareholders. Ennico Clifford Ennico, a former Wall Street lawyer who now represents small companies, […]

Posted inEthics & Culture

Assessing, And Improving, Ethical Culture

Post-Enron, scrutiny of the ethics of Corporate America remains a high priority for investors and regulators. Companies have responded by beefing up their ethics and compliance departments, with many creating chief ethics or chief compliance officer posts and devoting considerable resources to those functions. But after they’ve put their programs in place, how do companies […]

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