Managing Closely Held Corporations: A Legal Guidebook

    Managing Closely Held Corporations: A Legal Guidebook

    Managing Closely Held Corporations: A Legal Guidebook

    Refer to this guide for your closely held corporation questions. This book discusses the important key roles and duties, as well as the legal principles governing them, and provides expert guidance and a thorough understanding of special concerns involved.
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    • Who has the power to approve corporate actions? How are those actions taken?
    • What duties of care, loyalty and good faith do directors, officers and shareholders owe each other?
    • What are the record-keeping requirements?


    You’ll find answers to these questions and much more in the newly published Managing Closely Held Corporations: A Legal Guidebook. This handy reference begins with a basic outline of the closely held corporation and discusses important key roles and duties, as well as the legal principles governing them. Providing you and your clients with expert guidance and a thorough understanding of the special concerns and challenges involved in closely held corporations, this Guidebook:

    • Pinpoints the legal concerns of directors, officers, and shareholders
    • Discusses the rudiments of corporate governance, including the structure of corporate action and the duties of care, loyalty and fairness owed by directors, officers, and controlling shareholders
    • Discusses buy-sell agreements and their crucial role in planning
    • Advises you on how traditional roles and structures may be modified in the closely held context through agreements, multiple classes of stock and other means
    • Highlights liability concerns, including exculpatory charter provisions, indemnification and director and officer insurance
    • Describes record-keeping and report responsibilities Published by Committee on Corporate Laws, ABA Section of Business Law

    Product Details

    Publishers

    ABA Book Publishing

    ISBN

    9781590312063

    UPC Code

    9781590312063

    Page Count

    96

    Product Code

    5070425

    Trim Size

    6 x 9

    Publication Date

    1/1/2003 12:00:00 AM

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