1. What was the issue in this case?
2. The Cubs added lights in 1988. How could the board be meeting its duty of due care both in the 1960s by not erecting lights and in the 1980s by doing so?
Shlensky, a minority stockholder in the Chicago Cubs, sued the directors on the grounds of mismanagement and negligence because of their refusal to install lights at Wrigley Field, then the only major league stadium without lights. One of the directors, Wrigley (80 percent owner), objected to lights because of his personal opinion that “baseball is a ‘daytime sport’ and that the installation of lights and night baseball games would have a deteriorating effect upon the surrounding neighbor-hood.” The other directors deferred to Wrigley.

  • CreatedOctober 02, 2015
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