Lawsuits Dropped Setting The Record Straight
Bermuda courts’ reluctance to interfere with directors’ business decisions, coupled with the indemnity provisions generally included in the bylaws of Bermuda companies, allow directors to feel secure when considering and authorizing business combinations, provided they make such decisions on a well-informed, unbiased basis while acting in good faith, say attorneys with Appleby Global Group Services Ltd.
Law360: acquitted
