Common Situations Where Bad Faith Can Be Found As Grounds for Claiming Breach of Loyalty And Rebut BJR.

In order to support a claim for breach of fiduciary duty, the claimant must rebut the BJR. BJR (business judgment rule) is a presumption that in making a business decision the directors of a corporation acted on an informed basis, in good faith and in the honest belief that the action taken was in the […]

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