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The Business Judgment Rule: A Self-Defense Tactic for Corporate ...

    https://elawlines.com/2015/08/25/the-business-judgment-rule-a-self-defense-tactic-for-corporate-officers-and-directors
    The rule therefore precludes courts from interfering with the decisions of corporate officers and directors absent a showing of fraud, illegal conduct, an ultra vires act or an irrational business judgment. Stated another way, the rule creates a shield from liability for decisions made in good faith that are ultimately unfavorable for the ...

No Business Judgment Rule for Corporate Officers - Barnett & Linn

    https://barnettandlinn.com/articles/no-business-judgment-rule-for-corporate-officers/
    The Bank eventually failed and the FDIC sued Mr. Perry for the investment losses sustained by the Bank. Mr. Perry sought to assert the BJR in his defense but the Court ruled that he made the investment decisions in his officer capacity as CEO (not as a director) and went on to rule that §309 does not apply to corporate officers.

The Business Judgment Rule -- A Corporate Officer's Best Friend

    https://www.bfvlaw.com/the-business-judgment-rule-a-corporate-officers-best-friend-2/
    The business judgment rule is a policy of judicial restraint born of the recognition that corporate officers and managers are generally more qualified to make business decisions than are judges and juries. While the business judgment rule has long been accepted in many states, until recently, it did not get much attention in Georgia.

Corporate Officers And The Business Judgment Rule

    https://www.natlawreview.com/article/corporate-officers-and-business-judgment-rule
    As Professor Lyman P.Q. Johnson has observed, avoiding judicial encroachment into business decisions is one of the policy rationales commonly advanced for applying the business judgment rule to ...

The Business Judgment Rule Shields Corporate Officers …

    https://www.lexisnexis.com/LegalNewsRoom/lexis-hub/b/commentary/posts/the-business-judgment-rule-shields-corporate-officers-and-directors-from-liability-for-acts-of-negligence-and-carelessness
    A similar doctrine, but one that creates a defense against personal liability for a corporate officer, is the business judgment rule. The business judgment rules states that an officer or director of a corporation is not liable for acts of mere negligence. The basis of the business judgment rule was explained in a recent case from Georgia ...

Business Judgement Rule: Everything You Need to Know

    https://www.upcounsel.com/business-judgement-rule
    The business judgement rule is often used in cases where the director of a corporation is sued for violating his obligation to act in the best interested of the company. Under the business judgement rule, a court will not prosecute a director for his or her decisions if it can be shown that they were made: Rationally. In good faith.

The Business Judgment Rule: A Self-Defense Tactic for Corporate ...

    https://blogs.lawyers.com/attorney/litigation/the-business-judgment-rule-a-self-defense-tactic-for-corporate-officers-and-directors-34380/
    The rule therefore precludes courts from interfering with the decisions of corporate officers and directors absent a showing of fraud, illegal conduct, an ultra vires act or an irrational business ...

Business Judgment Rule - The Business Professor, LLC

    https://thebusinessprofessor.com/business-governance/what-is-the-business-judgment-rule
    The business judgment rule is a principle that applies to officers and directors acting within the scope of their positions. Directors of a corporation have a fiduciary duty to act in the best interest of their stockholders. This includes exercising due care and having a business justification for their decisions and actions.

The Business Judgment Rule and its Limits and Exceptions

    https://www.gcklegal.com/business-judgment-rule-limits-exceptions/
    I. Business Judgment Rule – Generally The business judgment rule is a judicial doctrine arising from courts’ respect for corporate self-governance, as well as their dislike for second-guessing the business decisions of corporate directors and officers. The business judgment rule has been described in Delaware case law as follows: The rule “is a presumption …

Officers And The Business Judgment Rule | Allen Matkins - JDSupra

    https://www.jdsupra.com/legalnews/officers-and-the-business-judgment-rule-34675/
    The Delaware General Corporation Law itself says nothing about the fiduciary duties of officers or the application of the business judgment rule. I pointed out that officers are agents and as such ...

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