Thompson Coburn LLP’s Post

A recent California appellate decision examines the application of the “business judgment rule” in the context of personal conflicts of interest among corporate members. Does the rule still apply when a member of a corporation acts in their own individual interest but their actions are also in the best interest of the company as a whole? Read Aya Elalami's analysis here: https://lnkd.in/g-zCW438

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