Sentence examples for judgment rule from inspiring English sources

A Delaware judge dismissed most of their complaints, ruling that the board was protected by something called the "business judgment rule".

The Business Judgment Rule: Differences in Hindsight Bias, 73 OR.

How does it relate to our two old friends: the business judgment rule and entire fairness?

1See e.g. Samuel Arsht, The Business Judgment Rule Revisited, 8 Hofstra L. Rev. 93, 97.

The "business judgment rule" reigned supreme, creating a presumption that whatever the board did was acceptable.

A decision to cap and seal the fireplaces would normally be protected from a challenge under the business judgment rule.

"Courts have generally allowed co-op boards great latitude under the business judgment rule to self-govern," Mr. Weinstein said.

Even the extension of business judgment rule protection to corporate officers has recently been questioned by federal courts.

Washington Mutual was based in Seattle, so F.D.I.C.'s suit is governed by Washington State's business judgment rule.

The merger with Sequential satisfied the M&F Worldwide framework, and therefore, the business judgment rule applied.

This distinguishing factor does not result in the Directors losing the protection of the business judgment rule.