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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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The squishy part of the Law | 191 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Oblicatory PB reference...
Authored by: Anonymous on Monday, January 07 2013 @ 01:37 PM EST
You have a dizzying intellect...

[ Reply to This | Parent | # ]

The squishy part of the Law
Authored by: Anonymous on Monday, January 07 2013 @ 01:38 PM EST

Is what you outlined possible? From what we've learned, my non-legal understanding would be:

    Yup
But that doesn't preculde the Board being held accountable through a different Law rather then the specific one being tarted in this case.

Think of it along the lines that a criminal can be guilty of a crime - like assault - but because the police charged him under murder instead (even though the victim didn't die) he gets to walk free of the crime of murder.

Different Laws = different elements that must be met to comply with the particular Law.

RAS

[ Reply to This | Parent | # ]

Informed --> Good Faith?
Authored by: PJ on Monday, January 07 2013 @ 01:59 PM EST
Well, not past a point, as in bad faith or fraud,
but that line is rather fuzzy in Delaware, that
cess pool of situational ethics. There's a
reason lots of corporate entities want to
incorporate there. It comes in handy later.

[ Reply to This | Parent | # ]

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