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Corporate Waste

by Brian JM Quinn Show/Hide
Standard of review for corporate waste claims EDIT PLAYLIST INFORMATION DELETE PLAYLIST

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  1. 1 Show/Hide More In Re The Goldman Sachs Group, Inc. Shareholder Litigation
    Original Creator: Brian JM Quinn
    Waste and the Waste Standard
    Steiner v. Meyerson, Del. Ch., C.A. No. 13139, Allen, C. (July 18, 1995), Mem. Op. at 2, 1995 WL 441999. As Chancellor Allen observed in Steiner, supra at p. 11:</p> waste theory represents a theoretical exception to the statement very rarely encountered in the world of real transactions. There surely are cases of fraud; of unfair self dealing and, much more rarely negligence. But rarest of all — and indeed like Nessie [of Loch Ness fame], possibly non existent — would be the case of disinterested business people making non fraudulent deals (non-negligently) that meet the legal standard of waste!
  2. 2 Show/Hide More Seinfeld v. Slager
    Original Creator: Brian JM Quinn
    1. Executive compensation and waste claims.
    2. Do boards face some liability for failure to minimize taxes?
    3. Business judgment

Playlist Information

February 14, 2014

corporate waste

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Brian JM Quinn

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