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04-17-2008, 05:29 PM
  #54
AD
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Quote:
Originally Posted by habfan4 View Post
Yes but a director has a fiduciary duty to act in the best interest of the Corporation which outweighs his/her rights as a shareholder. In this instance it could be argued that by threatening to merge my alleged superfluous posts you are acting as an agent for and on behalf of Poutine and not in the best interest of the board (which is clearly to have this AymanD inspired thread die a quick death).
Meh... The "interests of the corporation" is a shifting duty that depends on the circumstances. In addition, I highly doubt that an objective reasonable onlooker would say that Beaker acted against proper business judgment.

Edit: there ya go Beaker. I see you've argues the business judgment rule before me. I guess you aced that exam.

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