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Full-Text Articles in Law

Common Law Duties Of Non-Director Corporate Officers, Lawrence A. Hamermesh, A. Gilchrist Sparks Jan 1992

Common Law Duties Of Non-Director Corporate Officers, Lawrence A. Hamermesh, A. Gilchrist Sparks

Lawrence A. Hamermesh

No abstract provided.


Paramount: The Mixed Merits Of Mush, Alan E. Garfield Dec 1991

Paramount: The Mixed Merits Of Mush, Alan E. Garfield

Alan E Garfield

The Article critiques the Delaware Supreme Court’s 1990 decision, Paramount Communications, Inc. v. Time Inc. It argues that Paramount left no clear standards in its wake. While the decision seemed to lean in favor of more managerial discretion in the takeover context, it was not clear how far it leaned, or how closely tied the court’s reasoning was to the peculiar facts of the case. While other commentators critiqued Paramount for its management bias, this article instead focuses on the decision’s murkiness. It considers the merits of moving takeover jurisprudence away from the clearer standards that had ...