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Bainbridge on Chandler's Citigroup Decision

By Francis G. X. Pileggi, Esq.

Professor Bainbridge provides scholarly commentary here on the recent Chancery Court decision in Citigroup, including a rebuttal to Professor Jay Brown and an analysis of Caremark duties, as well as a discussion of the theoretical and practical underpinning of the Business Judgment Rule.

My prior highlighting of the Citigroup case and a link to the actual opinion is here.

Full post as published by Delaware Corporate and Commercial Litigation Blog on March 17, 2009 (boomark / email).