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https://freemanlaw.com/the-business-judgment-rule-in-texas/#:~:text=The%20business%20judgment%20rule%20may%20protect%20a%20corporation%E2%80%99s,business%20judgment%20that%20damage%20the%20corporation%E2%80%99s%20interests.%20
https://www.amazon.com/Business-Judgment-Rule-Fiduciary-Corporate/dp/0735560897
This new Sixth Edition of The Business Judgment Rule: Fiduciary Duties of Corporate Directors explores the latest developments in the law in Delaware and all other jurisdictions that have addressed business judgment rule and related corporate governance issues, as well as the most recent cases exploring the breadth and limits of the business judgment rule. The Business …
https://www.jstor.org/stable/40686882
The business judgment rule, as now formulated, provides that - so long as directors act on a business matter disinterestedly, with. due care, in good faith, and with discretion - the courts that review their. conduct will not second-guess its results. The importance of the policies under-.
https://www.stimmel-law.com/en/articles/business-judgment-rule-corporate-director-fiduciaries
The Business Judgment Rule for Corporate Director Fiduciaries. A fiduciary to a business owes a high duty of care to the business as discussed in our articles on fiduciary duties, corporate opportunity doctrine and limited liability entities. Self dealing and putting one’s own self interest above that of the company can lead to personal liability and gross negligence can lead to legal …
https://lawshelf.com/shortvideoscontentview/the-business-judgement-rule/
The business judgment rule is an important caveat to the corporate duty of care owed by officers and directors to their companies. The duty of care requires directors and officers to act in as competent a manner as would reasonably prudent people in their positions.[1] Officers and directors must make decisions that they believe, in good faith, to be in the best interests of …
https://www.gcklegal.com/business-judgment-rule-limits-exceptions/
The business-judgment rule, therefore, does not operate to protect self-dealing by directors and officers. Davis v. Dorsey, 495 F.Supp.2d 1162 (M.D.Ala.2007). “In other words, if the defendant has engaged the corporation in a conflicting-interest transaction or has usurped a corporate opportunity, the business judgment rule will not bar a claim based on the duty of care.”
https://www.oflaherty-law.com/learn-about-law/the-business-judgment-rule-for-illinois-corporate-officers-explained
When it comes to shareholder derivative lawsuits for breach of fiduciary duty, the Business Judgment Rule provides an important defense to Illinois corporate officers, providing a legal basis on which to dismiss such suits at the pleading stage.
https://elawlines.com/2015/08/25/the-business-judgment-rule-a-self-defense-tactic-for-corporate-officers-and-directors
However, this standard is tempered to a large extent by what is known as the “business judgment rule,” which protects corporate officers and directors from liability for intra vires decisions within their authority made in good faith, uninfluenced by any other consideration than the honest belief that the action subserves the best interests of the corporation. The …
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
The "business judgment rule" is a rebuttable presumption that directors and officers: Made the various decisions on an informed basis and in good faith Honestly believed their actions to be in corporation's and shareholders' best interests
https://worldcat.org/title/business-judgment-rule-fiduciary-duties-of-corporate-directors-and-officers/oclc/19554938
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https://www.morganlewis.com/pubs/2012/01/california-business-judgment-rule-does-not-shield-corporate-officers-from-personal-liability
California’s “business judgment rule” (codified under Section 309(a) of the California General Corporation Law) provides that directors of California corporations, who act in good faith, in a manner believed to advance the best interests of the corporation and its shareholders, and with such care, including reasonable inquiry, as an ordinarily prudent person …
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