Topic: in performing their duties the directors owe fundamental fi… · Go Syfert
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Topic #3390

2 canonical passages across 2 cases, quoted by 8 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from Polk v. Good.

#Case FlagCanonical passage Citers
1 Polk v. Good Anchor
del · 1986
green “in performing their duties the directors owe fundamental fiduciary duties of loyalty and care to the corporation and its shareholders.” 5
2 Mills Acquisition Co. v. MacMillan, Inc.
del · 1989
green “irectors owe fiduciary duties of care and loyalty to the corporation and its shareholders.” 3

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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