InvestorsHub Logo
icon url

jurisper

06/24/04 6:41 AM

#736 RE: DueDillinger #731

They can do many things without referring to other shareholders under DE law, but nevertheless as directors they still owe a fiduciary duty to these shareholders.

They can't just do stuff for their own benefit, or the benefit of third parties, if it's manifestly aginst the interests of other shareholders, or the corporation.

What benefits will a R/S or a recertification bring to shareholders?