If you run a business or sit on a company’s board, you must understand the business judgment rule. In this powerful episode of the Learn Laws Podcast, attorney Andrew Easler and business consultant James Timothy White break down this critical legal concept that shields directors and officers from liability—when used properly.
Learn how the business judgment rule works, when it applies, and how missteps like poor documentation or undisclosed conflicts can leave you wide open to lawsuits.
We cover:
- What is the business judgment rule?
- Real-world examples, including Elon Musk and major corporate case studies
- Self-dealing and breach of duty
- Why documentation and transparency are your legal safety nets
- When to consult legal counsel and how to protect yourself proactively
Don’t leave your business exposed. This episode gives you actionable steps to limit risk and lead with confidence.
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