Auerbach v. Bennett

New York Court of Appeals · Decided 1979-07-09

Cited by 637 later decision(s) in our corpus · see the citation network in Lexace

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OPINION OF THE COURT Jones, J. While the substantive aspects of a decision to terminate a shareholders’ derivative action against defendant corporate directors made by a committee of disinterested directors appointed by the corporation’s board of directors are beyond judicial inquiry under the business judgment doctrine, the court may inquire as to the disinterested independence of the < citation-…

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