Securities,
Corporate
Nov. 29, 2017
ICOs raise new questions for directors and officers
The rapid rise of initial coin offerings has caused directors and officers of corporations with stockholders who are not officers, directors or advisors to the corporation to question their obligations to those stockholders.
Marc Boiron
Associate
Rutan & Tucker LLP
Email: mboiron@rutan.com
Marc focuses his practice on transactional matters involving emerging and mid-market companies in the areas of California and Delaware corporate laws.
TRANSACTIONS WITH BOIRON
The rapid rise of initial coin offerings (ICOs) has caused directors and officers of corporations with stockholders who are not officers, directors or advisors to the corporation to question their obligations to those stockholders. Directors and officers of corporations incorporated as Delaware corporations (and in most other jurisdictions) owe fiduciary duties to the corporation and its stockholders, including in an I...
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