Review recent case law on the business judgment rule and discuss the elements as they apply to the board. Learn ways to educate and guide the board regarding the business judgment rule and its application. Discuss the role of institutional investors and whether sophisticated shareholders are held to a different standard. Hear a litigator’s perspective on governance litigation, including drafting appropriate board minutes, collecting directors’ notes, purging board books and retaining records.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.