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Duster Corporation (DustCorp) is organized in the State of Euphoria, which has adopted the Model Business Corporation Act. DustCorp's board of directors unanimously just adopted
Duster Corporation ("DustCorp") is organized in the State of Euphoria, which has adopted the Model Business Corporation Act. DustCorp's board of directors unanimously just adopted a resolution that Brigitte Holmstrom, DustCorp's Chairperson, CEO, and President, is to spend twenty-five percent of her time as a participant in community programs, such as serving on the boards of institutions like the art museum and the symphony. Lars Lundquist, a shareholder, has objected to this on the grounds that the stock price of DustCorp has lost thirty percent of its value over the last two years, and Ms. Holmstrom should be devoting all of her energy to the business of DustCorp. Mr. Lundquist has asked you whether filing a lawsuit against DustCorp and its board is a good idea. A reasonable piece of advice would be
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