Posted on January 20, 2008 by Francis G.X. Pileggi

Delaware Corporate Law Explained in Cartoons

Courtesy of Stu's Views at www.stus.com (HT: Bainbridge), we bring you a cartoonist's depiction of key decisions of the Delaware courts on corporate law that have been covered on this blog.

For example, in the Araneta case, summarized here, the following cartoon demonstrates the court's scholarly analysis of certain board members "looking the other way" while others looted the company.

link here to other corporate cartoons

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Delaware Corporate and Commercial Litigation Blog - February 17, 2008 2:30 PM
One corporate law professor argues that the landmark Delaware Chancery Court decision in 1996 of In Re Caremark, describing a director's duty of oversight, was "dead upon enunciation" and it is really a Potemkin Village that never really resu...
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