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
Source Url: https://www.jdsupra.com/legalnews/delaware-chancery-court-holds-that-a-74248/
Related
Complying with the Americans with Disabilities Act poses difficult challenges for employers, and one...
Read More >
What happens when a whistle blower provides detailed information about a burly Texan — with convict...
Read More >
For the last several months, we have all been eagerly awaiting USDOL’s final “Overtime Rule” – t...
Read More >
Part 1: New Labor & Employment Laws Impacting California’s Public and Private Entities - Californi...
Read More >
The #MeToo movement did not begin in 2017, but its viral spread as a social media campaign began at ...
Read More >
With the revised IR35 (off-payroll working) rules coming into force in the UK for private sector emp...
Read More >