Did the directors of Trans Union violate their duty of care to the corporation by making an uninformed decision Did the shareholders consent to this decision ...

In deciding for the plaintiffs the court found that the directors had been grossly negligent in violating their duty of care to the company The lower ...

Did the directors of Trans Union violate their duty of care to the corporation by making an

Question:

Did the directors of Trans Union violate their duty of care to the by making an uninformed decision? Did the shareholders consent to this decision?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...