Sunday, April 18, 2010

Fiduciary duty from beyond the grave

I just came across this sentence in the corporations outline that I'm using to create mine:

"The burden is on the corporation to prove the decision was made in good faith by disinterred people."

And here I thought they just had to be disinterested.
Corporations just got way more exciting.


Anonymous said...

Might provide useful fodder for a law review article or two. "Zombie CEOs: catalyst for the financial meltdown?"

Merrily Down the Stream said...

So when we die we ARE NOT off the hook? DAMN

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