Business Organizations II

Assignment for Tuesday, Jan. 29:

I.  The Traditional Role of Fiduciary Duty

                             a.       The Duty of Care and the Business Judgment Rule: The Oversight Context

                                             i.      Reading assignment:

1.     Ragazzo & Fendler Casebook: pp. 448-465

2.      Statutes:

a.       MBCA §§ 8.30, 8.31, 8.42

b.      ALI Principles of Corporate Governance § 4.01

b.      The Duty of Care and the Business Judgment Rule: The Decision-Making Context: Substance – the Basics of the Business Judgment Rule

            i.      Reading assignment:

1.      Ragazzo & Fendler Casebook: pp. 465-475

2.      Statutes:

a.       MBCA § 8.31

b.      ALI Principles § 4.01