3 ms·
https://corpgov.law.harvard.edu/2021/12/01/dodge-v-ford-what-happened-and-why/ https://corpgov.law.harvard.edu/2021/12/01/dodge-v-ford-what... If directors con
by neom 1y ago
https://corpgov.law.harvard.edu/2021/12/01/dodge-v-ford-what-happened-and-why/ https://corpgov.law.harvard.edu/2021/12/01/dodge-v-ford-what...
If directors consistently chose "do less with more" - they'd certainly lose under virtually any legal standard?
Edit: I guess it's technically Michigan law, but as far as I'm aware is de facto? Even Aronson v. Lewis wouldn't allow that. (IANAL)