A resounding declaration of judicial humility is the business judgment rule, pursuant to which judges decline to second-guess business decisions made by corporate boards of directors. Recently, Massachusetts' highest court issued the state's most direct statement of the rule in Harhen v. Brown . The central lesson is a disinterested director truly can exercise independent judgment on a corporation's affairs.
September 01, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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