22Mar
Delaware Chancery Court Holds That a Transaction Involving a Conflicted Board Majority Can Be Cleansed If Appropriate Safeguards Are Implemented
In a legal challenge to a corporate transaction, the applicable standard of review is often outcome determinative. The deferential business judgment rule applies where the board is not majority conflicted. The burden is on the challenger to show bad...
By:
White and Williams LLP
Related
In 2013, the Federal Aviation Administration (FAA) issued a final policy statement outlining three a...
Read More >
Arizona recently amended its Purchaser Dwelling Action statute to, among other things, involve all c...
Read More >
On November 22nd, the CFPB issued a press release announcing that a stipulated final judgment and or...
Read More >
As the decade comes to a close, a time traveler from 2009 might be surprised to see how rapidly laws...
Read More >
Cornrows or locs may not fit your corporate image, but be careful: state and local legislation prohi...
Read More >
The IRS has released the 2020 cost-of-living adjustments for limits on employee benefits with some a...
Read More >