Define: Personal Interest
Personal Interest means a financial gain or disadvantage related to a member or employee, or their immediate family, within an [organization]
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Personal Interest means a financial gain or disadvantage related to a member or employee, or their immediate family, within an [organization].
Relevant Circumstances
- Hiring a new employee
- Offering a partnership in a business
- Engaging a consultant for a business project
- Disclosing sensitive information to somebody