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Corporate & Securities Law

: BusinessAssociationsBlog.com

A Strong Smith v Van Gorkom Claim

By Stephen Bainbridge

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I’m writing an essay on Smith v. Van Gorkom for one of those law stories books. In the course of doing so, I’ve concluded that Smith v. Van Gorkom was the most important corporate law decision of the 20th century.  The supreme court of a state widely criticized for allegedly leading the race to the bottom held that directors who make an uninformed decision face substantial...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on February 27, 2008 (boomark / email).

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