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CORPORATIONS: Does the Business Judgment Rule Apply to ...

    https://www.nlrg.com/legal-content/the-lawletter/corporations-does-the-business-judgment-rule-apply-to-corporate-officers
    The Lawletter Vol 39 No 11. Paul Ferrer, Senior Attorney, National Legal Research Group. In a classic formulation, the "business judgment rule" is defined as "a presumption that in making a business decision the directors of a corporation acted on an informed basis, in good faith and in the honest belief that the action taken was in the best interests of the company."

The Business Judgment Rule Shields Corporate Officers and ...

    https://www.lexisnexis.com/LegalNewsRoom/lexis-hub/b/commentary/posts/the-business-judgment-rule-shields-corporate-officers-and-directors-from-liability-for-acts-of-negligence-and-carelessness
    Feb 26, 2010 · The business judgment rules states that an officer or director of a corporation is not liable for acts of mere negligence. The basis of the business judgment rule was explained in a recent case from Georgia, Brock Built, LLC v. Blake, 300 Ga. App. 816 …

Corporate Officers and the Business Judgment Rule: A …

    https://www.jstor.org/stable/40688302
    of the business judgment rule to corporate directors similarly justify application of the rule to non-director officers, at least with respect to their exercise of dis- cretionary delegated authority.

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