In re the Walt Disney Co. Derivative Litigation (2003) Overview | LSData Case Brief Video Summary скачать в хорошем качестве

In re the Walt Disney Co. Derivative Litigation (2003) Overview | LSData Case Brief Video Summary

The case is about a lawsuit against Walt Disney Company's board of directors for approving an employment agreement with Michael Ovitz, which resulted in a breach of their fiduciary duties. The plaintiffs allege that Ovitz's performance as president was inadequate, and Eisner negotiated a non-fault termination without proper approval. The defendants argue that they are protected from personal liability under the Disney charter provision. The relevant facts are the lack of proper approval from the compensation committee and the Old Board, Ovitz's benefit from the increase in stock price, and the backdating of the final employment agreement. In re the Walt Disney Co. Derivative Litigation (2003) Delaware Court of Chancery 825 A.2d 275 Learn more about this case at https://www.lsd.law/briefs/view/in-re... --- Law School Data has over 50,000 case briefs and a one-of-a-kind brief tool to instantly brief millions of US cases with just the name or case cite. Check out all of our case briefs: https://www.lsd.law/briefs Briefs come with built in LSDefine and DeepDive, which allow you to read as quickly or as deeply as you want. Each brief has a built in legal dictionary and recursive summaries that go into more and more detail, until you eventually hit the original case text. Subscribe for new videos every week: https://www.youtube.com/@LSData?sub_c...