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Corporate & Securities Law

: BusinessAssociationsBlog.com

Turning Bad Faith into Full Employment for Lawyers

By Stephen Bainbridge

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Edward M. McNally and Patricia A. Winston have posted an article seeking to give content to the emergent Delaware concept of “bad faith” director conduct. It’s worth reading. Setting aside the merits of their definitional efforts, however. I was struck by their conclusion: Ryan suggests that directors must be cautious when confronting unusual corporate actions or any corporate...

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Full post as published by BusinessAssociationsBlog.com on October 23, 2008 (boomark / email).

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