[1] In the Lacos Land Co v Arden Group, Inc case, Allen found that "As a director and officer Briskin has a duty to act with complete loyalty to the interests of the corporation and its shareholders.
"[3] As Chancellor Allen observed that: "The judges of that court spend most of their time adjudicating cases of alleged breaches of fiduciary duty by corporate officer or directors.
"[4]: 2 Allen was responsible for the establishment of the Independence Standards Board (ISB) in July 1997, which was "created in response to the increasing challenges of addressing auditor independence issues as business and professional relationships [became] more complex," the ISB [was to] operate within the American Institute of Certified Public Accountants (AICPA) and will be under the oversight of the Securities and Exchange Commission (SEC).
[6][7] He coauthored with Han Shen, "Assessing China's Top-down Securities Market” in Morck Randall & Bernard Yeung eds.
"Capitalizing China", The University of Chicago Press 2012;[8] His wrote Commentaries and Cases on the Law of Business Organization,[2][9] which was first published in 2003 and is now in its fifth edition.