4 Significant Corporate Law Rulings
1) explicitly ruling that officers of Delaware corporations owe the same fiduciary duties as those owed by directors;
2) limiting the insulating effect of common law shareholder ratification;
3) clarifying the application of the enhanced judicial scrutiny articulated in Unocal; and
4) explaining that while a board’s decision not to merge by itself is insufficient to rebut the business judgment presumption, the presumption may...
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