Delaware’s Supreme Court Affirms that the Defendants Did Not Breach Their Fiduciary Duties in the Hiring and Firing of Michael Ovitz

In In re The Walt Disney Company Derivative Litigation , No. 411, 2005 (Del. June 8, 2006), the Delaware Supreme Court ( en banc ) affirmed the Court of Chancery’s decision, issued following a 37 day, highly-publicized trial, that the directors of The Walt Disney Company (the “Company” or “Disney”) did not breach their fiduciary duties in connection with the hiring,... Continue Reading

Delaware's Leading
Legal Practice Publications

fully text searchable, quick-find sections, bookmarkable pages