Examlex
What is meant by "significant modeling by managers?"
Zapata Corp. V. Maldonado
A legal case establishing a framework for evaluating the demand for a derivative lawsuit in corporate law, particularly regarding a corporation's refusal to sue.
Balancing Of Factors
A legal principle that involves weighing different interests or issues against each other to reach a fair decision.
Independent Directors
Board members who do not have a material or financial relationship with the company or its management, except for board service, providing objective judgement.
Shareholder Liability
The legal responsibility of shareholders for the debts or actions of a corporation, usually limited to their investment in the company.
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