Mismanagement. Bankruptcy. Financial mishandling. Employment discrimination. If you are in the position to make decisions in your business, you could be held personally liable for the consequences of those decisions, no matter how good your intentions were at the outset. Any party who holds an interest in the company and believes they were hurt based on your decision can expose the possibility of legal action. This kind of situation can become very costly very quickly. Events such as change of control in a company, dishonesty of a director or officer, dramatic change in share value, boardroom disputes, and poor trading … Continue reading
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