The fiduciary duties of loyalty and care, the corporate opportunity doctrine and also the business judgment rule are introduced in the context of three vignettes drawn from decided cases that investigate: a classic test of devotion when one partner elects to make the most of an opportunity the venture can also be able to pursue (Meinhard v. Salmon); the care and procedure managers should employ when approving a merger or sale of the firm (Smith v. Van Gorkum); and the board's function and process in hiring, firing and severance determinations (Ovitz at Disney).
These People are Fiduciaries Case Study Solution
PUBLICATION DATE: November 06, 2013 PRODUCT #: 314067-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE