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A deep-seated rule in Israeli law is that the bank owes a fiduciary duty to its customers. The concept of imposing a … fiduciary duty on banks is not originally an Israeli one. The Israeli courts adopted it from British law. However, from the … reviews the special characteristics of the bank's fiduciary duty in Israeli law, while comparing it to the Anglo-Canadian duty …
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This paper studies the relationship between the Revlon duties and the principle of maximizing shareholders' interests, and its position under the systems of Corporate Law, and then identifies the characteristics of relevant laws in Japan and Delaware. When considering the duties of directors of...
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-including fiduciary duties-to the principal prior to the formal start of their relationship, including any enforceable contract between … either the claims to generality or the content of some theoretical accounts of fiduciary relationships more broadly … theoretical accounts of fiduciary relationships. Additionally, the quotidian and ubiquitous character of agency relationships …
Persistent link: https://www.econbiz.de/10012858361
The spectacular rise of ESG usage in investment decision-making made public companies’ environmental and social attitudes critical more than ever as their shares are sold and bought in stock exchanges. Even though the enlightened shareholder value approach (ESV) by Section 172 (S172) of the...
Persistent link: https://www.econbiz.de/10014254875
This chapter examines and challenges the dominant academic portrayal of Anglo-American corporate law as an aspect of private law, and argues for a re-characterisation of the subject that reflects the centrality of public regulation to its core dynamics. It first explores the purported...
Persistent link: https://www.econbiz.de/10013010934
The Supreme Court case Prest v Petrodel Resources Ltd [2013] 2 AC 415 addresses the issue of whether, and if so in what way, the court is competent to pierce the corporate veil save any specific statutory authority to do so. In this context, Lord Sumption sheds further light on the doctrine of...
Persistent link: https://www.econbiz.de/10012934091
The history of the companies has proven to all of us that this area may have a dynamic similar to the most energetic ones in life. The human societies have changed and developed and together with them the companies were forced to adapt themselves in order to exist and to function over the times....
Persistent link: https://www.econbiz.de/10014117314