3 ms·
The business judgement rule gives company management pretty wide latitude in making business decisions so long as they are not blatantly fraudulent or conflicte
by agency 6y ago
The business judgement rule gives company management pretty wide latitude in making business decisions so long as they are not blatantly fraudulent or conflicted. For example Shlensky v Wrigley[1] which concerns the owner of Wrigley field’s decision not to install lights and hold night games. A decision by their own admission motivated not by a business interest but by a personal belief that baseball is a “daytime sport”.
[1] https://en.m.wikipedia.org/wiki/Shlensky_v._Wrigley https://en.m.wikipedia.org/wiki/Shlensky_v._Wrigley
- ultrarunner 6y agoThank you, this is exactly what I was looking for.