Andrews Corporate Officers and Directors Liability Litigation Reporter
March 12, 2001
Duty of Loyalty
Copyright (c) 2001 Andrews Publications
SHAREHOLDERS TRY AGAIN TO CONVINCE COURT THAT DIRECTORS HAD CONFLICTS
In re Freeport-McMoRan Sulphur Shareholders Litig.
Shareholders who are challenging the stock-swap merger of two related natural-resource explorers say they have enough evidence to convince the Delaware Chancery Court that the majority of Freeport-McMoRan Sulphur Inc.'s directors approved merger...