8-58-59 Lynch Steinberg, The Legitimacy Of Defensive Tactics In Tender Offers (1979) 64 Cornell L.Rev. (4) While there may be many valid reasons why corporate directors would purchase another company or repurchase the corporation's shares, the naked desire to retain their positions of power and control over the corporation is not one of them.1978) 582 F.2d 1298, the court recognized settlement of the class representative's individual claims may indeed affect the fulfillment of the fiduciary duty owed the class. (See rule 23.1, supra.) Therefore, the fact it did not do so is not dispositive of plaintiffs' claim of breach of fiduciary duty. The Steinberg Group could not have unilaterally dismissed or compromised the derivative claims even if it wanted to. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |