Published on 17 Jan 2013 • Delaware, USA (National/Federal) |
"... the exchange was so one-sided that no business person of ordinary, sound judgment would conclude that the corporation has received adequate consideration. A claim of waste will arise only in the rare, unconscionable case where directors irrationally squander or give away corporate assets." (In re the Walt Disney Company Derivative Litigation, 906 A.2d 27, 74 (Del. 2006).)