Posted On: 08/20/2016 10:12:03 PM
Post# of 9144
Bret and everybody else (this includes the advisory board) answers to the board-fiduciary responsibilities- and the board answers to the fiduciary duties defined by law-so there is no escaping this circle
it has become common in recent years for boards attorneys to draft fanciful documents in an attempt to escape such liability but such docs are not usually worth the paper they are written on- for you cannot legislate your own liability or create your own universe-USA Presidents have themselves learned this lesson
it has become common in recent years for boards attorneys to draft fanciful documents in an attempt to escape such liability but such docs are not usually worth the paper they are written on- for you cannot legislate your own liability or create your own universe-USA Presidents have themselves learned this lesson
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