2 ms·
1. Lawyers work for whoever hires them. Any individual or corporate entity can hire lawyers. Lawyers are not allowed to simultaneously represent two or more cli
by mrandish 3y ago
1. Lawyers work for whoever hires them. Any individual or corporate entity can hire lawyers. Lawyers are not allowed to simultaneously represent two or more clients on the same matter if those clients are in conflict.
2. It depends on which entity or individuals the investors name as defendants in any suit(s).
3. Corporations often pay for Directors and Officers Insurance on behalf of their board members. D&O insurance covers the costs of legal representation in the event a director or officer is sued in a personal capacity for actions taken as a director or officer.