Posts in Corporate Law.
Posted in Attorney General, BLS Practice, Breach of Contract, Breach of Fiduciary Duty, Civil Practice, Civil Procedure, Commercial Lease, Contract Law, Contracts, Corporate Law, Corporations, Jury Trial, Landlord/Tenant, Motion to Dismiss, Practice and Procedure, Practice Tips, Statute of Limitations, Summary Judgment
Last month, the Social Law Library sponsored the Business Litigation Session 2021 Year in Review. The panel included Judge Kenneth Salinger, the BLS Administrative Justice, as well as Michael Tuteur and Andrew Yost, attorneys at Foley & Lardner LLP.
Justice: Justice Davis, Justice Green, Justice Salinger
Judge Kaplan Declines to Apply Business Judgment Rule Where Corporate Board’s Decision Lacked Rational Support
Key Takeaway: Where there were “serious questions” about the independence of a board and the good faith of its decision not to pursue a derivative suit against a former director, Judge Kaplan refused to apply the business-judgment rule (BJR).
Justice: Justice Kaplan
SubscribeGet the latest from Nutter >
- Senior Editor, Co-Chair, Business Litigation Practice Group