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.
Posted by (In)Sanity Gal at Sunday, April 18, 2010
Labels: law school, random, the words we use
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2 comments:
Might provide useful fodder for a law review article or two. "Zombie CEOs: catalyst for the financial meltdown?"
So when we die we ARE NOT off the hook? DAMN
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