• Knock_Knock_Lemmy_In@lemmy.world
    link
    fedilink
    English
    arrow-up
    11
    ·
    2 months ago

    Grobow v. Perot, 539 A.2d 180 (Del. 1988).

    Directors in a business should:

    • act in good faith;
    • act in the best interests of the corporation;
    • act on an informed basis;
    • not be wasteful;
    • not involve self-interest (duty of loyalty concept plays a role here).