As director liability problems increase, it becomes increasingly important for directors to understand their legal responsibilities.
Get full access to this article
View all access options for this article.
References
1.
Aronson v. Lewis, 437 A.2d 805, 812 (Del. 1984).
2.
Bishop, J. W., Jr.The Law of Corporate Officers and Directors Indemnification and Insurance. Wilmette, Ill.: Callaghan, 1982.
3.
Block, D. J., Barton, N. E., and Radin, S. A.The Business Judgment Rule: Fiduciary Duties of Corporate Directors and Officers. Englewood Cliffs, N.J.: Prentice-Hall, 1987.
4.
Blumenthal, K.“Board Members Confront Loss of Outside Help.”Wall Street Journal, June 2, 1986, p. 19.
5.
“D&O Liability Seen as a Crisis in the Making.”Journal of Accountancy, July 1987, pp. 32, 34.
6.
Danco, L. A.Beyond Survival: A Business Owner's Guide for Success. Cleveland, Ohio: University Press, 1982.
7.
Dyer, W. G., Jr.Cultural Change in Family Firms: Anticipating and Managing Business and Family Transitions. San Francisco: Jossey-Bass, 1986.
8.
Francis v. United Jersey Bank, 432 A.2d 814, 826 (1981).
9.
Revised Model Business Corporation Act. New York: Law & Business, Inc./Harcourt Brace Jovanovich, 1985.
10.
“Soft Boards.”Time, October 5, 1962, p. 96.
11.
Tasini, J.“The Clamor to Make Punishment Fit the Crime: Local Prosecutors Are Taking Up Business Cases Once Relegated to Civil Suits.”Business Week, February 10, 1986, p. 73.
12.
Weatherby v. Weatherby Lumber Company, 492 P.2d 43, 45 (1972).
