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For the Initial Post : Post: a video (with your face visible) that addresses in approximately 2-3 minutes: The In re Walt Disney case discussed
For the Initial Post:
- Post: a video (with your face visible) that addresses in approximately 2-3 minutes:
- The In re Walt Disneycase discussed in your reading provides fascinating insight into the wheeling and dealing that is a part of the entertainment industry. The case provides the added benefit of bringing together, in a few pages, nearly all of the concepts surrounding the business judgment rule: duties of care and loyalty, negligence, waste, and bad faith.
- Your task is to discuss the following:
- Did the court get this decision right?
- If you believe the decision was correct, what were the strongest parts of the court's reasoning?
- If you believe the decision was incorrect, where did the court go wrong in its reasoning?
- Note: A lot has been written about this case, so feel free to cite outside sources as well as the other cases discussed in this chapter as a justification for your position.
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