entity · derived
Business risk
Derived node: assembled mechanically from the claims carrying business-risk. A roster, not an adjudicated definition.
Every claim under this term
- 1558614-027 : In In re Citigroup the Delaware Court of Chancery refused to extend the Caremark oversight duty, which concerns monitoring for illegal conduct, into oversight liability for business risk, so an inabil
- kaal-2013-acomparativeperspectiveo-005 : Under Delaware law as applied in In re Citigroup, directors' incorrect evaluation of business risk and their inability to predict the future do not violate the duty of oversight, so the Caremark duty
- kaal-2013-acomparativeperspectiveo-006 : Losses alone are not sufficient to hold directors personally liable for taking risks that lead to those losses, because risk is inherent in maximizing shareholder value.
- kaal-2013-acomparativeperspectiveo-014 : The German ARAG/Garmenbeck holding is diametrically opposed to In re Citigroup, where the Delaware Chancery Court declared that directors' incorrect evaluation of business risk did not violate the dut