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Feb 22, 2021

Welcome back to the Law School Toolbox podcast! In today's episode, we're talking about the duty of loyalty owed by directors and officers of a corporation, and the main types of conduct they are prohibited to engage in.

In this episode we discuss:

  • A review of the rule for duty of loyalty
  • The four types of prohibited conduct when the officer's interest is placed before that of the corporation
  • The situations in which a conflict of interest occurs
  • Usurpation of a corporate opportunity
  • Other topics that duty of loyalty is often tested with
  • Analyzing three hypos from California bar exam essays involving duty of loyalty


Download the Transcript 

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Thanks for listening!

Alison & Lee