Corporate & Business
What is the business judgment rule in Israeli company law?
Israeli courts generally respect business decisions made by directors in good faith and with adequate information. Courts will not substitute their judgment for that of the board unless there was a breach of duty or bad faith.
From the full guide: Directors & Corporate Governance in Israel: Duties, Liabilities & Best Practices
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Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy
Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy