Asset managers generally have fiduciary duties to their clients, including the duty of care and the duty of loyalty. These duties require, among other things, appropriate diligence in selecting, ...

Employers often assume liability for wage-and-hour violations rests solely with the company. But under the Fair Labor Standards Act (“FLSA”), managers, supervisors, HR professionals, and even ...

De Facto Management Partner’s Liability: Faces legal issues if things go wrong or laws are broken. Manager’s Responsibility: ...

Liability management exercises are a new trend in bankruptcy law that are popular among distressed businesses that are looking to borrow more debt and some lenders. But are they really just ...

When dealing with employee benefit plans and plan funds, employers have a fiduciary responsibility to act in their employees’ best interests. This means they’re legally bound to act ethically and do ...

By personalizing liability for organizational failure, the new KUHP assigns risk to corporate managers even when they do not ...