LexisNexis® Legal Newsroom
Sorry, but there are no more tags available to filter with.
Thompson And Schwartz On In re Toys ‘R’ Us Inc. Shareholder Litigation

Under In re Toys "R" Us, Inc. Shareholder Litigation , directors must follow a reasonable process once their Revlon Duties have been triggered. This means directors must take reasonable efforts to fulfill their obligation to secure the best available price, but they are not required to perform...

Thompson And Schwartz On In re Toys ‘R’ Us, Inc. Shareholder Litigation And Revlon Duties

Under In re Toys "R" Us, Inc. Shareholder Litigation , corporate directors must follow a reasonable process once their Revlon duties have been triggered. In this commentary, the authors discuss this decision by the Court of Chancery of Delaware, which held that while directors must take reasonable...