Litigation

Is Dodge v. Ford Motor Co. Still "Good Law"

By Francis G. X. Pileggi, Esq.

Here  is a post by Prof. Bainbridge which refers to recent scholarship by his fellow UCLAW professor Lynn Stout, as well as an article by  Prof. Gordon Smith on the seminal 1919 Michigan Supreme Court decision in Dodge v. Ford Motor Co. and whether it should still be taught by corporate law professors.  Prof. Bainbridge also provides excerpts from his own writings--with citations to Delaware Chancery Court decisions, that address the same concept most often identifed with the case, which is: whether the primary goal of the corporate enterprise is to maximize shareholder value.

Full post as published by Delaware Corporate and Commercial Litigation Blog on February 11, 2008 (boomark / email).