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In Brehm v. Eisner, the Delaware Supreme Court found that Disney CEO Michael Eisner and other Disney directors complied with the business judgment rule both
In Brehm v. Eisner, the Delaware Supreme Court found that Disney CEO Michael Eisner and other Disney directors complied with the business judgment rule both when hiring new COO Michael Ovitz and when firing him a year later.The case is a good example of how directors can act less than ideally yet not be liable under the business judgment rule.What did you learn most from the case?
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