The Duty of Loyalty and the Business Judgment Rule in Texas
Eric Fryar's New White Paper exploring recent developments in fiduciary duties and the business judgment rule for Texas corporations.
Developments in Duties and Defenses
Recent cases in Texas have redefined fiduciary duties and the business judgment rule. This White Paper considers recent developments and explores the effect and exceptions for the business judgment rule and how it impacts shareholder litigation.
What is Covered
Fiduciary Duties and the scope of the Duty of Loyalty after Ritchie v. Rupe
The Business Judgement Rule as a Defense
Exceptions to the Business Judgment Rule
The Business Judgment Rule Procedurally--Pleadings, Burden of Proof, Summary Judgment, Jury Charge, Directed Verdict