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16/08 :: 16:36

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I'm originally from Dublin but now live in Edinburgh <a href=" http://chatterjet.com/user-agreement/ ">generic zithromax (azithromycin)</a> The second theory, regarding the failure to act, invokes the duty of loyalty and the holdings of Caremark International Inc. Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996) and its progeny. A Caremark claim rests on the presumption that the directors set in motion or “allowed a situation to develop and continue,” which caused the corporation to suffer a loss and “that in doing so they violated a duty to be active monitors of corporate performance.” (Caremark, 698 A.2d at 967). Known as oversight liability, Caremark requires directors to ensure the enterprise maintains reporting systems sufficient to keep the board informed of the risks facing the company and its business performance.
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