Jun 19 / Goat

MEE - Corporations: Corporate Governance

Corporate Governance: The Real House of Delaware


Welcome to Corporations: Corporate Governance where the stakes are high and the standard is almost always: “Well, they tried their best.”

You can find it in the free MEE Course.

Pretty simple. General partnerships are dangerous for this reason.

Pretty simple. General partnerships are dangerous for this reason.


You'll cover:
- The duty of care and why directors basically get away with everything unless they were asleep or lighting company funds on fire
- The Business Judgment Rule (aka the ultimate director defense cheat code)
- The duty of loyalty, where self-dealing and shady contracts finally matter
- Derivative suits, and why shareholders have to jump through 18 hoops just to ask a judge if fraud is bad
- The contemporaneous ownership rule and why timing is everything when you're trying to sue in the name of the corporation

We’ve got Owl assassinations, director spa days, and a reminder that being "unfair" isn’t enough, it has to be grossly unfair.

Let's get corporate.

- Goat