The Chancery court in Delaware said maybe. https://courts.delaware.gov/Opinions/Download.aspx?id=324120 This is a pretty fun read – for the first 20 pages or so – about how the Board of Directors operate in these large companies.
The Chancery court in Delaware said maybe. https://courts.delaware.gov/Opinions/Download.aspx?id=324120 This is a pretty fun read – for the first 20 pages or so – about how the Board of Directors operate in these large companies.