Lara Flath Ian Maddox

October 31, 2024 | New York Law Journal

Although the business judgment rule provides broad protections, it is not absolute and can be overcome when directors' actions fall outside of the bounds of acceptable corporate behavior. In her article, Lara Flath looks at recent decisions by New York courts at various stages of litigation that reviewed allegations of self-dealing or self-interest on the part of defendants. 

By Lara Flath, Ian Maddox and Gaby Colvin

7 minute read