The CorporateCounsel.net Blog announces the big corporate news of the day – and corporate directors everywhere are breathing a sigh of relief. Delaware Chancery Court Chancellor William Chandler "delivered his
long-awaited opinion in the Disney case by holding that the Disney
directors didn’t violate their duties by ratifying Eisner’s decision to
fire Ovitz in a way that entitled Ovitz to a huge severance package."
Like this post? Subscribe to InhouseBlog's FREE weekly email newsletter. Unsubscribe at any time.
Other posts:
{ 1 trackback }