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Richard Burt Professional Law Corporation
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Richard Burt Professional Law Corporation55 S Market St #1500
San Jose, CA 95113
Phone: (408) 286-7333 -
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Categories
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Court Holds Business Judgment Rule Does Not Protect Officer’s Decisions
The business judgment rule insulates directors from liability from bad decisions if certain conditions are met. A recent U.S. District Court opinion holds that the business judgment rule does not apply to corporate officers. Federal Deposit Insurance Corp. v. Perry … Continue reading
Posted in Corporate Law, Directors and officers
Tagged business judgment rule
Comments Off on Court Holds Business Judgment Rule Does Not Protect Officer’s Decisions