Below is information about CORPORATE OFFICERS CONFLICT OF INTEREST from a variety of sources. Please take a look at the materials that our team has selected for you.
https://www.thebalancesmb.com/conflict-of-interest-policy-for-your-corporate-board-397464
https://lxmlaw.ca/corporate-governance/managing-director-officer-conflicts-of-interest/
https://www.imd.org/research-knowledge/articles/the-four-tiers-of-conflict-of-interest-faced-by-board-directors/
https://www.oflaherty-law.com/learn-about-law/corporate-director-and-officer-conflicts-of-interest-in-illinois
If corporate officers and directors engage in transactions between the corporation and themselves or another entity in which they have a financial interest, they may be held personally liable for breach of fiduciary duty based on a conflict of interest and the transaction may be invalidated.
https://www.legalmatch.com/law-library/article/business-conflicts-of-interest.html
https://www.mondaq.com/canada/contracts-and-commercial-law/733412/the-directors39-briefing-conflicts-of-interest-by-officers
It is part of the general duty of undivided loyalty to the corporation that a director's and officer's personal interest and his or her duty to the corporation cannot be brought into conflict. This is a common law rule that was set down as long ago as 1854 in the English case of Aberdeen Railways v.
https://executivelp.com/general-counsel/conflict-of-interest-fiduciary-duty-and-safe-harbor-laws/
A conflict of interest transaction shall not be voidable by the corporation solely because of the director’s interest in the transaction if any one of the following is true: (a) The material facts of the transaction and the director’s interest were disclosed or known to the board of directors or a committee of the board of directors and the board of directors or committee …
https://www.oge.gov/web/OGE.nsf/0/EC83872D932E6DCE852585B6005A1F8C/$FILE/Corporate%20Employment.pdf
potential conflict of interest under 18 U.S.C. § 208 may arise if a Federal employee continues to hold an equity-related interest in a company for which the employee works or worked while in Federal service. For the employee, any equity related interest that the employee will forfeit upon leaving corporate employment, such as . unvested options. or
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
Director or officers should disclose any possible conflict of interest or questionable transaction and ask others (i.e., shareholders and directors) for permission to engage in such a transaction and obtain that permission in written form that includes …
http://media.straffordpub.com/products/representing-closely-held-entities-conflicts-of-interest-and-fiduciary-duty-to-a-company-and-its-principals-2017-09-28/presentation.pdf
subject to the conflict rules. R. 1.13(g) See, for example, Conn. Ethics Op. 99-13 (1999) an attorney employed by a financial institution’s trade association may represent individual member financial institutions, subject to the conflict of interest provisions of Rule 1.7. Note the Restatement (Third) of the Law Governing Lawyers §131 cmt. g
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