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United States

Smith v Van Gorkom

488 A.2d 858 (Del. 1985)
JurisdictionUnited States
Year1985
Statusunclear

Key Principle

duty of care; gross negligence defeats business judgment rule protection

Area of Law

Delaware Corporate Law

Related Cases

Corwin v KKR Financial Holdings LLC 125 A.3d 304 (Del. 2015)
Kahn v M&F Worldwide Corp 88 A.3d 635 (Del. 2014)
In re Caremark International Inc Derivative Litigation 698 A.2d 959 (Del. Ch. 1996)

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