2012 WL 6136746, at *10 (dismissing consolidated class action under adverse interest
to imputation exception).
Even though die individuals personally profited, die adverse interest
exception was rejected because the wrongdoings were stealing "for" die company from outsiders in a Ponzi scheme, not "from" die company.
But we know that sometimes it is difficult to avoid the inherent pitfalls of law practice that might subject an unwitting lawyer to client conflict or adverse interest
The IRS also found that, because the distribution committee members had substantial adverse interests
to each other (i.
threat--"the threat that a member will not act with objectivity because the member's interests are opposed to the client's interests"
The deal includes a debt facility and a risk management solution to protect the company from adverse interest
She is considered as having an adverse interest
in the property, and, as such, he has given up control.
The exception to the doctrine, based on adverse interest
of the insiders, should apply only when the agent has "totally abandoned" the interests of the corporation.
A member has charged his employer Adverse interest
threat to with violating certain labor laws.
A donor is considered as himself having a power if it is exercisable by him in conjunction with any person not having a substantial adverse interest
in the disposition of the transferred property or the income therefrom.
Once a petition has been filed, the debtor's creditors (anyone with a security or adverse interest
in property) may not take any actions to collect, assess or recover claims against the debtor or his or her property.