Search for: "Levien v. Sinclair Oil Corporation" Results 1 - 13 of 13
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4 Jan 2010, 11:13 am by Steve Bainbridge
In one of his annual posts disparaging Delaware corporate law decisions of the past year, Jay Brown attacks en passant one of my favorite Delaware cases; namely, Sinclair Oil v. [read post]
9 Oct 2022, 2:17 pm by Steve Bainbridge
  Sinclair Oil also deals with another issue: whether the parent usurped a corporate opportunity belonging to the subsidiary. [read post]
13 Apr 2007, 10:01 pm
Gordon concludes, I think correctly, that these niceties are mostly beside the point:As with so many issues relating to the duties of directors, however, the exact formulation of the business judgment rule may not matter much because the important point is the directors are (almost) never liable.In any case, I tackled the question of the rationality versus reasonableness of a decision in my book Corporation Law and Economics, where I argued that:In Sinclair Oil Corp.… [read post]
12 Sep 2010, 8:10 pm by Steve Bainbridge
Rationality review is solely about process.I've written about this issue in my book Corporation Law: In Sinclair Oil Corp. v. [read post]
13 Apr 2007, 11:36 am
" There is, of course, the oft-quoted statement from Sinclair Oil Corp. v. [read post]
12 Feb 2024, 9:01 pm by renholding
While many states look to Delaware as an authority on issues of corporate law, companies that are incorporated in other states should consult with local counsel to ensure that any relevant differences are taken into consideration. [2] See, e.g., Revlon, Inc. v. [read post]
22 Dec 2024, 9:05 pm by renholding
  Explicit private benefit extraction is at the core of the seminal case of Sinclair Oil Corp. v. [read post]