Smith v. Van Gorkom

id: smith-v-van-gorkom-292-6297177
title: Smith v. Van Gorkom
text: Smith v. Van Gorkom 488 A.2d 858 is a United States corporate law case of the Delaware Supreme Court, discussing a director's duty of care. It is often called the "Trans Union case". Van Gorkom is sometimes referred to as the most important case regarding business organizations because it shows a unique scenario when the board is found liable even after applying the business judgment rule. The decision "stripped corporate directors and officers of the protective cloak formerly provided by the bu
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Smith_v._Van_Gorkom
date created:
date modified: 2023-09-13T03:05:37Z
main entity: {"identifier":"Q7545417","url":"https://www.wikidata.org/entity/Q7545417"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/b/ba/Seal_of_the_Supreme_Court_of_Delaware.svg","width":349,"height":349}
fields total: 13
integrity: 14

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