adfc86 No.9033
Big Jobs Report - BJR
Business Judgement Rule
"The business judgment rule is a case law-derived doctrine in corporations law that courts defer to the business judgment of corporate executives. It is rooted in the principle that the "directors of a corporation... are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona fide regard for the interests of the corporation whose affairs the stockholders have committed to their charge". The rule exists in some form in most common law countries, including the United States, Canada, England and Wales, and Australia."
Trump is demonstrating that the US corporation is not upholding its duties to the shareholders. The court normally stays out of matters of the corporation. This is insane. A tale of two cities.
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