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https://www.dandodiary.com/2022/07/articles/director-and-officer-liability/california-appellate-court-holds-corporate-officer-personally-liable-for-unpaid-wages/
However, there are occasions when corporate officers can be held personally liable in their individual capacities for corporate acts or omissions. A recent decision by a California intermediate appellate court held that an individual who served as a company’s CEO and CFO can be held liable for the claimants’ unpaid wages.
https://www.justia.com/criminal/docs/calcrim/400/450/
Justia - California Criminal Jury Instructions (CALCRIM) (2022) 450. Liability of Corporate Officers and Agents: Single Theory of Liability - Free Legal Information - Laws, Blogs, Legal Services and More
https://www.upcounsel.com/personal-liability-of-corporate-officers
Limited Liability. 4. Fiduciary Duties. Personal liability of corporate officers comes with being an officer of a corporation. While you are able to serve as a strategic thinker, be looked upon as a visionary, and maintain a profitable venture, it can also be quite dramatic. Many corporate officers face the temptations that come with corruption ...
https://www.griegolaw.com/contact-us/blog/2020/06/corporate-officers-liability-for-unpaid-wages/
The Law Office of Phillip J. Griego. 95 South Market Street, Suite 520. San Jose, CA 95113. Tel. 408-293-6341. Original article by Robert E. Nuddleman, former associate of The Law Office of Phillip J. Griego. Feel free to suggest topics for the blog. We are happy to consider topics pertaining to general points of Labor and Employment Law, but ...
https://www.morganlewis.com/pubs/2012/01/california-business-judgment-rule-does-not-shield-corporate-officers-from-personal-liability
1 Section 2115 of the California General Corporation Law requires foreign corporations to comply with specified California corporate law provisions (including, among others, Section 309(a)) if certain property, payroll and sales thresholds are exceeded.. 2 See Gantler v. Stephens, 965 A.2d 695 (Del.Supr. 2009).Though the court did not expressly hold …
https://corpgov.law.harvard.edu/2021/02/21/recent-trends-in-officer-liability/
AmerisourceBergan Corp., in the context of resolving a books and records demand seeking “senior management materials,” the Court of Chancery expanded on officer liability, reiterating the longstanding principle that officers are “corporate fiduciaries” who “owe the same duties to the corporation and its stockholders as directors.”.
https://www.yokasmith.com/newsroom-articles-15
The court, however, was careful, to restate the traditional limitations on the imposition of officer/director liability: 1) the harm in question cannot be mere economic harm; and 2) the breach of duty must relate to a duty owed to the injured party, rather than a breach of duty owed to the corporation alone. Id. at 505-06.
https://www.hbsb.com/individual-tort-liability-of-officers-and-directors/
Officers or directors may be subject to personal liability if they personally directed or participated in the tortious conduct. To impose tort liability on a director or officer, one must show that (1) the director or officer specifically authorized, directed, or otherwise participated in the tortious conduct, or that, (2) although the director ...
https://www.investopedia.com/terms/d/directors-and-officers-liability-insurance.asp
Directors And Officers Liability Insurance: DEFINITION OF ‘DIRECTORS AND OFFICERS LIABILITY INSURANCE’
https://www.lexology.com/library/detail.aspx?g=740cb952-0ada-4a51-ad44-140eb33edab3
A brief look at the legal liabilities faced by directors and officers for company insolvencies in Kenya, including available defences.
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