The Delaware State Bar Association is set to host “The Anything-but-Wonderful World of Disney: A Look at the In Re Walt Disney Co. Derivative Litigation and the Ensuing Trial, Brehm v. Eisner” CLE on Wednesday.

It has been 20 years since the Delaware Court of Chancery began wrestling with Brehm v. Eisner and its powerful players in an action that centered on a corporate board’s decision to approve a $140 million severance to the company’s outgoing president Michael Ovitz, according to a description of the CLE. At issue there were numerous corporate law questions involving bad faith, board oversight and equity.