William Chandler
William Chandler
actions best business connection consistent expected faithful judgment manner
Eisner's actions in connection with the termination are, for the most part, consistent with what is expected of a faithful fiduciary, ... exercised his business judgment in the manner he thought best for the corporation.
cases corporate either entire executive market matter seems
The entire matter of executive compensation, which seems in some cases to have come spectacularly unhinged from the market for corporate talent, will either be regulated by you the fiduciaries, or by the politicians,
belief business decision ends essence fault hindsight informed outcomes plain result risk whose
It is easy, of course, to fault a decision that ends in failure, once hindsight makes the result of that decision plain to see. But the essence of business is risk ? the application of informed belief to contingencies whose outcomes can sometimes be predicted, but never known,
certainly conclude enter management possible stated
It is certainly possible for management to enter into vote-buying arrangements with salutary purposes, ... However, I conclude that the plaintiffs have stated a cognizable vote-buying claim.
based conclude data efforts failed false financial information prove provided testimony
Based on all of the testimony and exhibits ... I conclude that plaintiffs have failed to prove that HP disseminated materially false information about its integration efforts or about the financial data provided to its shareholders,
asset clear commercial division ethical fact integrity internal management questions raises separates wall
This fact raises clear questions about the integrity of the internal ethical wall that purportedly separates Deutsche Bank's asset management division from its commercial division,
courts executive fail imposition markets neither nor result
If neither the courts nor the markets are able to restrain executive compensation, and if you the decision-makers fail ... the result will be imposition of regulatory controls,