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Would using somerhing like VNC (to a computer or server that you own) be considered a loophole ?

You're still using the company laptop. Typing on it, using its CPU (even if just to sustain the VNC connection and process user input).

Taken to the extreme, he might do that in a hotel room, which is paid for by his employer.

In the case SHTF event, the lawyers can go as deep as they need, and how deep then need to go is directly related to the importance of the issue.

Don't even suggest that anything non-work related could be made on anything even remotely paid by the company. Always with your property, on your dime.

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