← All Authorities
United States good faithbusiness judgment rule

In re Walt Disney Co Derivative Litigation

906 A.2d 27 (Del. 2006)
JurisdictionUnited States
CourtSupreme Court of Delaware
Year2006
StatusBinding authority

Key Principle

Good faith requires directors to act with a genuine attempt to advance corporate interests; intentional dereliction of duty or conscious disregard of responsibilities violates good faith.

Area of Law

corporate

Related Cases

Tornetta v Musk C.A. No. 2018-0408-KSJM (Del. Ch. 2024)
Slack Technologies LLC v Pirani 598 U.S. 759 (2023)
In re Tesla Motors Inc Stockholder Litigation In re Tesla Motors, Inc. Stockholder Litigation, C.A. No. 12711-VCS (Del. Ch. Apr. 27, 2022)

Ask CommonBench about this case

Get a detailed analysis of In re Walt Disney Co Derivative Litigation and how it applies to your situation.

Explain In re Walt Disney Co Derivativ...