NO DISCLOSURE DUTY FOR DIRECTORS WHO LEARNED OF BUYOUT AT LAST MINUTE Johnson v. Shapiro | Secondary Sources | Westlaw

NO DISCLOSURE DUTY FOR DIRECTORS WHO LEARNED OF BUYOUT AT LAST MINUTE Johnson v. Shapiro | Secondary Sources | Westlaw

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NO DISCLOSURE DUTY FOR DIRECTORS WHO LEARNED OF BUYOUT AT LAST MINUTE Johnson v. Shapiro

17 No. 9 ANDECLR 4Andrews Delaware Corporate Litigation Reporter (Approx. 2 pages)

NO DISCLOSURE DUTY FOR DIRECTORS WHO LEARNED OF BUYOUT AT LAST MINUTE Johnson v. Shapiro

17 No. 9 ANDECLR 4Andrews Delaware Corporate Litigation Reporter (Approx. 2 pages)

17 No. 9 Andrews Del. Corp. Litig. Rep. 4
Andrews Delaware Corporate Litigation Reporter
November 25, 2002
Disclosure Duty:
Copyright (c) 2002 Andrews Publications

NO DISCLOSURE DUTY FOR DIRECTORS WHO LEARNED OF BUYOUT AT LAST MINUTE

Johnson v. Shapiro

The central question in determining the liability of the Garden Ridge Corp. directors for a stealth-going private plan was “what did they know and when did they know it,” a Delaware state court judge has ruled. Most of the directors were not liable...
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