Business Judgment Rule

The will of the majority of the Board members control corporate affairs and contracts intra vires and the courts will not interfere unless such contracts are unconscionable and oppressive amounting to destruction of rights of minority. – Ingersoll vs. Malabon Sugar and Lucia Magaling vs. Peter Ong

Please leave this field empty

Let's learn the law together

We don’t spam! Read our privacy policy for more info.

Thanks! Check your inbox or spam folder to confirm your subscription.