Fiduciary Duties of Corporate Officers and Directors

Article written by Illinois Attorney Kevin O’Flaherty

In this article, we explain fiduciary duties and their purpose in business. We answer the questions “what is a fiduciary duty?”, “who has fiduciary duties in a corporation?”, “why are fiduciary duties important in business?”, “what are the fiduciary duties directors and corporate officers take on?”, “what is the business…