Apparent authority is the power of an agent to act on behalf of a principal, even though not expressly or impliedly granted. This power arises only if a third party reasonably infers, from the principal's conduct, that the principal granted...
corporations
(LIIBULLETIN preview)
Under the Patient Protection and Affordable Care Act (“ACA”), employment-based health care plans covered by the Employee Retirement Income Security Act (“ERISA”) are required to provide coverage for certain preventative health services. SeeHobby Lobby...
(Wex page)
The business judgment rule provides a director of a corporation immunity from liability when a plaintiff sues on grounds that the director violated the duty of care to the corporation so long as the director’s actions fall within the...
(Wex page)
A close corporation is a corporation which is held by a limited number of shareholders and is not publicly traded. A close corporation can generally be run directly by the shareholders (without a formal board of directors and without a formal...
(LIIBULLETIN preview)
Petitioner Digital Realty Trust, Inc. (“DRT”) is a corporation that employed Respondent Paul Somers (“Somers”) as Vice President of Portfolio Management from 2010 until they fired him in April 2014. See Brief for Petitioner, Digital Realty Trust, Inc...
(LIIBULLETIN preview)
Under the Freedom of Information Act (“FOIA”), 5 U.S.C. § 552, federal agencies must disclose records to anyone who requests them, subject to certain exemptions. See AT&T v. FCC, 582 F.3d 490, 492 (3d Cir. 2009). If an agency refuses to disclose...
(Wex page)
Overview
When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else financially.
The person who has a fiduciary duty is called the fiduciary, and the person...
(LIIBULLETIN preview)
Petitioners, Joseph Jesner, et al. (“Jesner”), are non-residents of the United States who were injured by terrorists in the Middle East. In re Arab Bank, PLC Alien Tort Statute Litigation, 808 F.3d 144, 147 (2d Cir. 2015 ). Respondent, Arab Bank, PLC (...
(LIIBULLETIN preview (pre-2014))
Oral argument: Feb. 28, 2012
Appealed from: United States Court of Appeals for the Second Circuit (Sep. 17, 2010)
ALIEN TORT STATUTE, CORPORATIONS, INTERNATIONAL LAW, TORT LIABILITYPetitioners Esther Kiobel and others, on behalf of a...
(Wex page)
A legal person is a human or a non-human legal entity that is treated as a person for legal purposes. A legal person is capable of engaging in all usual legal business that a real person can participate in, such as suing, being sued, owning...