The Extremely High Bar For Director Liability

By Gail Weinstein, Philip Richter, Steven Epstein and Scott Luftglass (August 23, 2017, 12:41 PM EDT) -- In In re MeadWestvaco Stockholders Litigation (Aug. 17, 2017), the Delaware Court of Chancery dismissed claims against target company directors for breach of the duty of loyalty based on allegations that they had acted in bad faith in approving a merger....

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