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Business Judgment Rule:Navigating Jurisprudential Diversity
Introduction The Business Judgment Rule (hereinafter, BJR) finds its historical roots in corporate law of United States of America (hereinafter, USA), with its earliest mention in the Louisiana Supreme Court’s judgment in Percy v. Millaudon.[1] It initially established that directors, as long as they fulfilled their duties diligently and acted in good faith, would not … Continue reading Business Judgment Rule:Navigating Jurisprudential Diversity
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