Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

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Dec 7, 2021 corporate law corporation code fiduciary duty corporate opportunity directors liability

Corporate Opportunity Doctrine: Directors Cannot Take Business Deals for Themselves

Supreme Court clarifies when corporate directors breach their duty of loyalty by taking business opportunities meant for the corporation.