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Under Delaware law, directors stand in a fiduciary relationship to the corporation and its shareholders. The fiduciary nature of directors' duties has been consistently reaffirmed by the Delaware courts.41 The courts of other states are in accord.42 As in the case of any fiduciary duty, the ...
The cheese police are on the case. One might be tempted to think of this as a ripped-from-the-headlines episode of “NYPD Bleu,” except that the FDA wasn’t playing.Some grated Parmesan suppliers have been mislabeling products by filling them with too much cellulose, a common anti-clumpi...