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Business Organizations Law

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Good faith

University of Colorado Law School

2015

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Equity And Corporate Law, Mark J. Loewenstein Jan 2015

Equity And Corporate Law, Mark J. Loewenstein

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The article explores the continuing relevance of the 1991 Delaware Supreme Court decision in Schnell v. Chris-Craft Industries, Inc., in particular the extent to which evolving concepts of good faith have, or should, displace the free-wheeling equity doctrine of Schnell.