Is There Any Basis for Categorizing the Business Judgment Rule as a Presumption?
Articles
Justinas Jarusevičius
Vilnius University, Lithuania
Published 2019-09-23
https://doi.org/10.15388/Teise.2019.112.10
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Keywords

business judgment rule
presumption
civil liability of the executives of the private legal entities
company law
civil procedure

How to Cite

Jarusevičius J. (2019) “Is There Any Basis for Categorizing the Business Judgment Rule as a Presumption?”, Teisė, 1120, pp. 186-202. doi: 10.15388/Teise.2019.112.10.

Abstract

This article analyzes whether there are grounds for the case law to categorize the business judgment rule as a presumption. The author presents the main criterions that cause the categorization of the legal norm as a presumption. In the context of the identified criterions of the presumption category, it is evaluated whether the business judgment rule matches such criterions.

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