The Business Lawyers: the premier portal to recommended corporate & business lawyers, practice area news and legal insights:

Business law encompasses all of the laws that dictate how to form and run a company. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business.

Business and corporate attorneys primarily advise clients in a variety of transactional or non-litigious legal matters. This includes advising clients in regulatory compliance, government investigations, and general business counseling including assistance with acquisitions.

We assist business directors, in-house counsel, and law firms by providing a concise and up-to-date guide to leading corporate, business and M&A lawyers in the field. Our research covers all 50 states, with featured attorneys being selected based on the results of peer nominations, in-depth research, awards and client feedback. Our selection process is independent and it is not possible to request entry into the guide.

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May A Board Sanction A Director By Withholding Corporate Information?

A recent Alaska Supreme Court decisions addresses, but does not decide, the question of whether a corporation may punish a director by withholding corporate information. In Borer v. Eyak Corp., 2022 Alas. LEXIS 37, winning candidate for a seat on the board of directors of an Alaska Native Corporation declined to sign the corporation’s confidentiality agreement and code of conduct. The Code of Conduct included the following provision:

[A] director who breaches the Confidentiality Agreement . […]