Disney Lawsuit: Boards Beware!
"A lawsuit by Disney shareholders is shaking up much more than the Mouse House. Thanks to a Delaware court ruling, less-than-conscientious board members everywhere are running scared."
Read all about it in the latest Fortune magazine here.
Comments
The Ovitz decision, a few years back, ironically, was responsible for giving far too much leeway to boards (back when Eisner gave Ovitz something like $20m for 9 months of work).
Posted by: TPB, Esq. | October 30, 2003 10:48 PM