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28 Mar 2016, 12:05 pm
The State Bar of California may not yet be aware of Mitts’s behavior. [read post]
17 Mar 2016, 4:51 pm by Kevin LaCroix
  Although the rule insulates the decision makers from ordinary negligence,[7] it can typically be overcome by a showing of gross negligence.[8] States may differ in whether the rule applies to both directors and officers (e.g., Delaware[9]), only to directors (e.g., Florida[10]), or only to “outside” directors (e.g., California[11]). [read post]
14 Mar 2016, 9:46 am
 The Court of Appeal drew assistance from the Australian case of Dart Industries Inc v Decor Corp Pty Ltd [1994] FSR 567 which involved an account of profits. [read post]