Search for: "In re The Walt Disney Company Derivative Litigation" Results 1 - 20 of 33
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31 May 2016, 9:00 am by Albert H. Manwaring, IV
While the prohibition against self-interested transactions by the board is the most fundamental obligation under the duty of loyalty, the good-faith corollary to the duty of loyalty under In re The Walt Disney Derivative Litigation, 907 A.2d 693, 754-55 (Del. [read post]
16 Feb 2007, 10:31 am
In re The Walt Disney Company Derivative Litigation is a long-running and closely-watched case that raises many significant questions concerning the role of law in connection with the governance of large public corporations. [read post]
19 Nov 2021, 10:47 am by Kevin LaCroix
See In re The Boeing Company Derivative Litigation, 2021 WL 4059934 (Del. [read post]
12 Feb 2024, 3:30 am by John Jenkins
Derivative Litig., 906 A.2d 27, 64 (Del. 2006), “but also intentional dereliction of duty. [read post]
29 May 2009, 6:32 am
The test for bad faith action laid down in In re the Walt Disney Company Derivative Litigation, 906 A.2d 27 (Del. 2006), is intentional dereliction of duties or a conscious disregard of one's responsibilities. [read post]
8 Nov 2006, 7:52 am
In June 2006 the court, in In re The Walt Disney Company Derivative Litigation (New Developments discussion here), defined bad faith, and by implication good faith. [read post]
18 Mar 2008, 11:08 pm
The former duty requires a director to take an active and direct role in the context of a sale of a company from beginning to end. [22] Disney Lastly, a $140 million executive compensation and severance package of former Walt Disney Company President Michael Ovitz was the basis for the breach of fiduciary duty suit against Disney's officers and directors. [23] Shortly after Ovitz joined Disney, it became apparent that there… [read post]
18 Jul 2012, 1:35 pm by Edward M. McNally
For example, the Delaware Supreme Court's 2005 opinion in In re The Walt Disney Co. [read post]