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Antitrust and Trade Law Venue

Private parties, including persons, corporations, and other entities, may sue in U.S. District Courts for three times their damages caused by violations of federal antitrust law. Special venue provisions are provided to assist...

Antitrust & Trade Law: Sherman Act

Agreements in unreasonable restraint of trade are prohibited by Section 1 of the Sherman Act, 15 U.S.C.S. § 1. While Section 1 of the Sherman Act provides that "every contract, combination in the form of a trust or otherwise, or...

Insurance Law

Variable Annuities

There are three types of annuities, which are contracts between investors and insurance companies. Fixed annuities provide a guaranteed rate of return for the investor and are considered...

Corporate Creditors

Generally, directors do not owe a fiduciary duty to a corporate creditor when that creditor has contracted exclusively with the corporation. However, a director may owe a fiduciary duty to a corporate creditor to protect the corporate...

Ultra Vires Acts

In most states, the duty of obedience is recognized as one of the three fiduciary duties a director owes to the corporation. One component of the duty of obedience is that a director is prohibited from committing an...