Bainbridge on Chandler's Citigroup Decision
Professor Bainbridge provides scholarly commentary here on the recent Chancery Court decision in Citigroup, including a rebuttal to Professor Jay Brown and an analysis of Caremark duties, as well as a discussion of the theoretical and practical underpinning of the Business Judgment Rule.
My prior highlighting of the Citigroup case and a link to the actual opinion is here.
