FMN Business Law

FMN - 2020/October, Seg. 4 - 'You Have Been Elected as a Board Member' - Now What?

There is something to be said about the State of Delaware, a small state that derives more than 25% of its general fund revenue from the incorporation of businesses. It is a leading domicile for U.S. and international business entities. The majority of Fortune 500 companies have chosen to incorporate in Delaware and a significant percentage of initial public offerings (IPOs) are done by companies incorporated in Delaware. But what makes Delaware so appealing? John Gorman, partner at Luse Gorman, focuses on Delaware law and Courts and expands on board member fiduciary responsibilities.

Learning Objectives:

  • Identify advantages and disadvantage of incorporating in Delaware
  • Recognize the difference between duty of care and duty of loyalty
  • Understand the business judgment rule and when burden of proof shifts, and
  • Identify the standards of judicial review.

Prerequisites/Advanced Preparation:

Work experience in a corporate staff environment, or an introductory course in business law.

Speaker / Author:

John Gorman, Luse Gorman


Price (USD)

Standard: $69.90


Course Code : FMN1371-FM

Release Date : 10/09/2020
Expire Date : 05/14/2022
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Business Law

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