Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
Directors exercise their business judgment by evaluating all the information available.
Recent Delaware rulings (including sharp words for Disney's board over an obscene pay-off to Michael Ovitz, a failed former company president) suggest that its judges have begun to rethink the latitude with which they have allowed directors to exercise their "business judgment".
Similar(58)
If the shareholders do not exercise their option, then the business is obligated to purchase the departing shareholder's interest in the business.
His company makes a range of activity tracking devices that transmit details to computer servers detailing how much exercise their owners do, allowing the business to provide feedback such as congratulating them on their efforts, or giving them a nudge to do more.
Letting some business owners exercise their conscience would cause no harm to gays.
Business interests are exercising their election-year muscle for a vote, while the G.O.P. further pursues its campaign to rein in pro-Democratic trial lawyers by crimping citizens' right to sue.
"The debtors need only show that the proposed plan is an exercise of their business judgment," the papers said.
The insurer said at that time that its directors "had every right to decide, in the exercise of their business judgment, that suing the government for its rescue of A.I.G. is not the right thing for A.I.G. to do".
"A.I.G.'s directors had every right to decide, in the exercise of their business judgment, that suing the government for its rescue of A.I.G. is not the right thing for A.I.G. to do, and that A.I.G.'s interests are better served by focusing on the future and not joining litigation concerning the past," the insurer said in its filing.
"The UK, in common with many other EU member states and third countries, places considerable value on the collection and analysis of PNR data (that data collected by carriers in the exercise of their business) for the purpose of preventing terrorism and serious crime," Green said in a written ministerial statement.
The justification for the latter was that they "did not think it advisable for the company to adopt a policy limiting the ability of the board or the Management Development and Compensation Committee to make decisions about individual employment arrangements in the exercise of their business judgment".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com