COVID-19 Update: How We Are Serving and Protecting Our Clients
Justia Lawyer Rating
Best Lawyers Badge
Lawyer of the Year 2014 Badge
Best Law Firms 2020 Badge
Peer Rated Badge
BBB Badge
Super Lawyers Badge
NBTA Badge
Lawyer of the Year 2012 Badge
Lawyer of the Year 2010 Badge
Lawyer of the Year 2009 Badge
Leaders Forum Badge
Pound Civil Justice Institute Badge
Brandon E. Bass Best Lawyers Badge
 The Law Offices of John Day, P.C. Best Lawyers Badge
Best Law Firms 2018 Badge
Attorney For Justice Badge

Breaches of Duty by Officers or Directors

Officers and directors of business organizations owe special obligations to the organization by virtue of their role in the company. For example, when an officer or director is presented with a business opportunity in the line of the corporation's business, the officer or director typically may not take the business opportunity for his or her own benefit. If the officer or director takes on the business instead of presenting it to the corporation, he or she may be liable for usurpation of corporate opportunity.

Officers and directors of non-profit organizations also generally have responsibilities to the organization, and may be held accountable to the organization for failing to comply with those responsibilities.

Depending on the circumstances of the particular case, any of several persons may seek recovery for misconduct by an officer or director. The company itself may be able to take action. Other officers and directors may intervene. A shareholder or group of shareholders may obtain legal counsel to investigate and enforce the shareholders' rights.

The Law Offices of John Day  has experience assisting companies and their shareholders in recovering losses caused by officers and directors who have breached their duties. Likewise, The Law Offices of John Day, P.C. has successfully defended business leaders who have been accused of taking opportunities from their companies. If you would like to speak to us about a potential matter involving the officer or director of a company, please contact us online or call us at 615-742-4880 or 866.812.8787.

Client Reviews
Everything was great. You guys are a great representative. I was satisfied with everything. Truly appreciate John Day and his hard-working staff. Jamar Gibson
We thought that you did an excellent job in representing us in our lawsuit. We would recommend you to anyone. Mitch Deese
The Law Offices of John Day, P.C. is, without a doubt, the best in Nashville! They treated me with the utmost respect and tended to my every need. No question went unanswered. I was always kept informed of every step in the process. I received phenomenal results; I couldn't ask for more. I would definitely hire The Law Offices of John Day, P.C. again. Anthony Santiago
I would definitely recommend to anyone to hire John Day's law firm because everyone was helpful, made everything clear and got the job done. I am satisfied with how my case was handled. June Keomahavong
It's been a long battle but this firm has been very efficient and has done a remarkable job for me! I highly recommend them to anyone needing legal assistance. Everyone has always been very kind and kept me informed of all actions promptly. Linda Bush
I had a great experience with the Law Offices of John Day. The staff was very accommodating, and my phone calls/emails were always responded to in a timely manner. They made the entire process very easy and stress-free for me, and I had confidence that my case was in good hands. I am very happy with the results, and I highly recommend! Casey Hutchinson