Extract
Lessons from Disney.
On August 9, 2005, the Delaware Chancery Court issued its post-trial opinion in In re The Walt Disney Company Derivative Litigation. The facts of the case are set out in detail in the opinion. What follows is a preliminary analysis of some of the key messages that can be drawn from the opinion.
General Holding The court found that the Disney directors did not violate their fiduciary duties or commit waste in the 1995 hiring and 1996 termination of Michael Ovitz...See the full content of this document
Sponsored links
