Project #60432 - Corporate Liability

Pick ONE of the following corporations to research: Adelphia Communications or WorldCom

You may use Internet and other research sources for this assignment. MINIMUM 3 Sources. Also keep in mind that you want multiple sources to provide you with comprehensive information.Your corporate research should focus on the potential and/or actual criminal and civil liability of the corporation and its officers/directors.

For example, what did the officers/directors do wrong? What duties were breached? What has happened with the criminal and civil lawsuits so far? Who filed the suits and what claims were filed? Were there conflicts of interest present here? How did these activities affect the shareholders and/or the company as a whole? What did the officers and directors do that was criminal AND/OR civil wrongdoing? What duties did the officers/directors breach? What has happened in the civil and criminal suits?

Once you have found relevant material, then write your own summary (10 paragraphs, at a minimum, most students have much more)

Incorporating key terms from the readings to your research is key to your posting. At a minimum, your posting should incorporate 10 different key terms and phrases from the following (in all CAPS) : PROMOTERS, SATE OF INCORPORATION, DIRECTOR LIABILITY, THE CHARTER (required provisions, optional provisions), FOREIGN CORPORATION, PIERCING THE CORPORATE VEIL, TERMINATION, FIDUCIARY DUTY, BUSINESS JUDGMENT RULE, DUTY OF LOYALTY, CORPORATE OPPORTUNITY, DUTY OF CARE, WILLIAMS ACT, TAKEOVER DEFENSES, STATE STATUTES, DIRECTORS, THE SEC, SHAREHOLDER RIGHTS, PROXIES, SHAREHOLDER PROPOSALS, INDEPENDENT DIRECTORS, EXECUTIVE COMPENSATION, DISSENTERS RIGHTS, RIGHTS AND OBLIGATIONS OF CONTROLLING SHAREHOLDERS, DERIVATIVE LAWSUITS.

When researching and writing this assignment, keep in mind that your research should explain and discuss concepts as though your reader (me) knows nothing about them. Analyze and summarize your findings, using your own words and incorporating terms from above list.

NO WIKIPEDIA REFERENCES!!!

Subject Law
Due By (Pacific Time) 03/02/2015 05:00 pm
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