Delaware Chancery Court judge Leo Strine's decision to ban Conrad Black's sale of his Hollinger Inc assets to the Barclay brothers is a sure sign of the times
Delaware Chancery Court judge Leo Strine’s decision to ban Conrad Black’s sale of his Hollinger Inc assets to the Barclay brothers is a sure sign of the times. The ruling sends a strong message to CEOs and corporate boards about the mindset of lawmakers in Delaware, where the majority of US companies are incorporated. And that message is this: minority shareholder interests are front and center in the minds of lawmakers today – CEOs and directors who are viewed as impinging
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