US EditionNavigating Legal Minefields: Directors’ Dilemmas in Relying on Legal Advice Given to his Company
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Navigating Legal Minefields: Directors’ Dilemmas in Relying on Legal Advice Given to his Company
BUSINESS PRACTICE OF SEEKING LEGAL ADVICE In the ever-evolving business world, legal issues are an inevitable challenge that organizations must navigate to ensure compliance, mitigate risks, and safeguard their interests. Since directors can be held personally liable for companies’ conduct in some cases, out of prudence, it is not uncommon for the directors to seek advice either from external legal advisors or internal legal advisors or both. It…
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