Independent Counsel definition: Copy, customize, and use instantly
Introduction
The term "Independent Counsel" refers to a legal professional or firm that provides impartial legal advice or representation, free from any conflict of interest or direct association with the parties involved in a matter. This term is often used in contexts requiring objective judgment or neutrality, such as in corporate governance, fiduciary matters, or conflict resolution.
Below are various examples of how "Independent Counsel" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Independent Counsel" in corporate governance policies
This definition ties "Independent Counsel" to board neutrality.
"Independent Counsel" means legal counsel who is not, and has not been, affiliated with the company or any of its affiliates, officers, or directors in a manner that would compromise their objectivity in advising the board.
Definition of "Independent Counsel" in indemnity agreements
This definition connects "Independent Counsel" to impartial legal advice.
"Independent Counsel" refers to legal counsel selected to provide an unbiased opinion or representation in matters involving indemnification, without any conflicting interests.
Definition of "Independent Counsel" in fiduciary duty disputes
This definition links "Independent Counsel" to conflict resolution.
"Independent Counsel" includes any legal professional retained to assess and advise on fiduciary matters, ensuring objective evaluation free of conflicting loyalties.
Definition of "Independent Counsel" in employment agreements
This definition applies "Independent Counsel" to executive protections.
"Independent Counsel" means legal counsel retained by an individual executive or officer to provide independent legal advice, distinct from representation by the company’s legal counsel.
Definition of "Independent Counsel" in conflict of interest policies
This definition ties "Independent Counsel" to impartial dispute resolution.
"Independent Counsel" means a legal advisor unaffiliated with the parties involved, retained to address conflicts of interest or disputes with objectivity and neutrality.
Definition of "Independent Counsel" in shareholder agreements
This definition connects "Independent Counsel" to investor protections.
"Independent Counsel" refers to legal counsel appointed to represent shareholders’ interests in situations where conflicts of interest may arise with the company or other shareholders.
Definition of "Independent Counsel" in merger and acquisition agreements
This definition links "Independent Counsel" to transactional impartiality.
"Independent Counsel" includes any legal professional engaged to provide objective advice on legal and regulatory issues in a merger or acquisition, ensuring no conflicts of interest.
Definition of "Independent Counsel" in trust agreements
This definition ties "Independent Counsel" to beneficiary protections.
"Independent Counsel" refers to legal counsel retained to represent the interests of trust beneficiaries, ensuring unbiased legal advice and representation.
Definition of "Independent Counsel" in board dispute resolutions
This definition connects "Independent Counsel" to board neutrality.
"Independent Counsel" means legal counsel appointed to advise the board of directors or special committees in disputes or investigations, ensuring impartiality and independence.
Definition of "Independent Counsel" in whistleblower policies
This definition links "Independent Counsel" to ethical oversight.
"Independent Counsel" includes legal counsel retained to investigate and address whistleblower complaints, free from influence by the company or involved parties.
Definition of "Independent Counsel" in indemnification provisions
This definition ties "Independent Counsel" to executive protections.
"Independent Counsel" refers to legal counsel selected to evaluate or provide advice on indemnification rights for executives or officers without conflicting loyalties.
Definition of "Independent Counsel" in bankruptcy proceedings
This definition connects "Independent Counsel" to creditor and debtor rights.
"Independent Counsel" means legal counsel retained to represent the interests of creditors or debtors during bankruptcy or restructuring, free from conflicts of interest.
Definition of "Independent Counsel" in employment severance agreements
This definition links "Independent Counsel" to impartial advice.
"Independent Counsel" includes legal professionals engaged by an employee or employer to provide unbiased advice or review in the negotiation of severance terms.
Definition of "Independent Counsel" in partnership agreements
This definition ties "Independent Counsel" to partner representation.
"Independent Counsel" refers to legal counsel retained to represent individual partners in disputes or negotiations, independent from counsel representing the partnership as a whole.
Definition of "Independent Counsel" in regulatory investigations
This definition connects "Independent Counsel" to compliance oversight.
"Independent Counsel" means legal counsel engaged to conduct internal investigations or represent entities during regulatory inquiries, ensuring neutrality and independence.
Definition of "Independent Counsel" in insurance coverage disputes
This definition links "Independent Counsel" to policyholder protections.
"Independent Counsel" includes legal professionals appointed to represent policyholders in disputes with insurers, free from influence by the insurer’s counsel.
Definition of "Independent Counsel" in real estate transactions
This definition ties "Independent Counsel" to unbiased negotiations.
"Independent Counsel" refers to legal counsel retained by a buyer or seller in real estate transactions to ensure impartial advice and conflict-free representation.
Definition of "Independent Counsel" in arbitration agreements
This definition connects "Independent Counsel" to neutral dispute resolution.
"Independent Counsel" means legal counsel appointed to provide unbiased representation or advice in arbitration proceedings, independent of the arbitrating parties.
Definition of "Independent Counsel" in cross-border agreements
This definition links "Independent Counsel" to international impartiality.
"Independent Counsel" includes legal advisors retained to provide impartial advice or representation in cross-border transactions, ensuring independence from local parties.
Definition of "Independent Counsel" in special committee charters
This definition ties "Independent Counsel" to committee independence.
"Independent Counsel" refers to legal professionals engaged by special committees to provide impartial advice and guidance, free from influence by management or stakeholders.
Definition of "Independent Counsel" in franchise agreements
This definition connects "Independent Counsel" to franchisee protections.
"Independent Counsel" means legal counsel retained by franchisees to ensure impartial review of franchise agreements or dispute resolution processes.
Definition of "Independent Counsel" in intellectual property disputes
This definition links "Independent Counsel" to neutral IP resolution.
"Independent Counsel" includes legal professionals retained to provide unbiased advice or representation in disputes over intellectual property ownership or licensing.
Definition of "Independent Counsel" in anti-corruption compliance
This definition ties "Independent Counsel" to ethical governance.
"Independent Counsel" refers to legal counsel engaged to ensure compliance with anti-corruption laws and policies, providing impartial investigations or advice.
Definition of "Independent Counsel" in joint venture agreements
This definition connects "Independent Counsel" to collaborative neutrality.
"Independent Counsel" means legal counsel retained to provide objective advice or representation in joint ventures, ensuring impartiality for all involved parties.
Definition of "Independent Counsel" in ethics committee reviews
This definition ties "Independent Counsel" to impartial oversight.
"Independent Counsel" means legal counsel engaged by an ethics committee to provide unbiased advice or conduct investigations, free from influence by stakeholders or management.
Definition of "Independent Counsel" in debt restructuring agreements
This definition connects "Independent Counsel" to financial advisory roles.
"Independent Counsel" refers to legal counsel retained to advise on restructuring plans, ensuring objective evaluation of options for creditors and debtors.
Definition of "Independent Counsel" in anti-discrimination policies
This definition links "Independent Counsel" to compliance investigations.
"Independent Counsel" includes legal professionals appointed to investigate claims of discrimination, harassment, or other policy violations, ensuring impartiality.
Definition of "Independent Counsel" in joint liability agreements
This definition ties "Independent Counsel" to fairness in disputes.
"Independent Counsel" means legal counsel retained to advise or represent a party in joint liability disputes, ensuring independence from the co-obligors.
Definition of "Independent Counsel" in government contracts
This definition connects "Independent Counsel" to regulatory compliance.
"Independent Counsel" refers to legal counsel engaged to ensure compliance with government contract regulations, free from conflicts with the contracting parties.
Definition of "Independent Counsel" in charitable organization governance
This definition links "Independent Counsel" to nonprofit oversight.
"Independent Counsel" includes legal counsel retained by a nonprofit organization to provide impartial advice on governance, conflicts of interest, or compliance matters.
Definition of "Independent Counsel" in antitrust compliance programs
This definition ties "Independent Counsel" to competition law adherence.
"Independent Counsel" means legal counsel engaged to provide impartial advice on antitrust compliance or to address allegations of anti-competitive behavior.
Definition of "Independent Counsel" in data privacy agreements
This definition connects "Independent Counsel" to neutral legal advice.
"Independent Counsel" refers to legal counsel appointed to ensure compliance with data privacy regulations and provide impartial guidance on data protection issues.
Definition of "Independent Counsel" in franchise dispute resolutions
This definition links "Independent Counsel" to franchisee fairness.
"Independent Counsel" includes legal professionals engaged to mediate or resolve disputes between franchisors and franchisees, ensuring unbiased representation.
Definition of "Independent Counsel" in healthcare compliance agreements
This definition ties "Independent Counsel" to impartial healthcare guidance.
"Independent Counsel" means legal counsel retained to advise on compliance with healthcare laws and regulations, free from conflicts with healthcare providers or insurers.
Definition of "Independent Counsel" in securities litigation
This definition connects "Independent Counsel" to investor protections.
"Independent Counsel" refers to legal counsel appointed to represent investors or stakeholders in securities litigation, ensuring impartiality and fairness.
Definition of "Independent Counsel" in environmental compliance
This definition links "Independent Counsel" to sustainability oversight.
"Independent Counsel" includes legal professionals engaged to provide unbiased advice on compliance with environmental laws and sustainability policies.
Definition of "Independent Counsel" in licensing agreements
This definition ties "Independent Counsel" to IP neutrality.
"Independent Counsel" refers to legal counsel retained to review or negotiate licensing agreements, ensuring fairness and independence for all parties involved.
Definition of "Independent Counsel" in high-profile litigation
This definition connects "Independent Counsel" to public trust.
"Independent Counsel" means legal counsel appointed in high-profile litigation to ensure neutrality and maintain public confidence in the fairness of proceedings.
Definition of "Independent Counsel" in insurance defense cases
This definition links "Independent Counsel" to policyholder representation.
"Independent Counsel" includes legal professionals retained to represent policyholders in disputes with insurers, ensuring unbiased and conflict-free representation.
Definition of "Independent Counsel" in international trade agreements
This definition ties "Independent Counsel" to global neutrality.
"Independent Counsel" refers to legal counsel engaged to provide impartial advice or representation in international trade disputes or negotiations.
Definition of "Independent Counsel" in board leadership transitions
This definition connects "Independent Counsel" to succession planning.
"Independent Counsel" means legal counsel retained to advise on board leadership transitions or succession planning, ensuring impartiality and compliance with governance standards.
Definition of "Independent Counsel" in whistleblower retaliation claims
This definition links "Independent Counsel" to employee protections.
"Independent Counsel" includes legal professionals engaged to represent whistleblowers in retaliation claims, ensuring objective advice and advocacy.
Definition of "Independent Counsel" in mergers and acquisitions disputes
This definition ties "Independent Counsel" to deal resolution.
"Independent Counsel" refers to legal counsel retained to mediate or resolve disputes arising from mergers or acquisitions, ensuring impartiality in decision-making.
Definition of "Independent Counsel" in arbitration panels
This definition connects "Independent Counsel" to neutral arbitration.
"Independent Counsel" means legal counsel engaged to advise arbitration panels or participants, ensuring impartiality in the arbitration process.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.