A comprehensive review of the history of the business judgment rule is not necessary here, but a brief discussion of its boundaries and proper use is appropriate. Delaware law is clear that the business and affairs of a corporation are managed by or under the direction of its board of directors.
Schuyler Cole needed an accessory for his Palm Treo 600 smartphone, so the Haleiwa, Hawaii, resident fired up his Web browser last month and ran a Google search. After scanning the search results, he purchased the inexpensive item - a USB cable used to synchronize the Treo's settings with his personal computer - from Cellhut.com, the first online store displayed in the results that looked like it
STAR JONES IS PISSED AND WON'T TAKE IT ANYMORE: TV diva says she's ready to sue the National Enquirer if it doesn't recant story. *Star Jones has had enough and she's fighting back.
Biomedical researchers at the University of Texas Medical Branch at Galveston have taken an important early step toward developing effective drug therapies against Venezuelan Equine Encephalitis virus, a potential bioterrorist weapon. Their achievement: Determining the precise structure of a protein that the virus requires for replication.
American diva Beyonce won top honors at the U.K.'s MOBO (Music Of Black Origin) Awards, picking up the international female prize as well as song and video nods for "Deja Vu," featuring Jay Z. Corinne Bailey Rae was a double winner at the awards, whose name is an acronym for "music of black origin," picking up the U.K. newcomer and U.K. female awards.
BATON ROUGE - City-Parish President Joey Durel faced tough questions from the state bond commission Thursday as Lafayette seeks to use sales tax revenue to spur development on Louisiana Avenue.