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Case Study Of Starlight Brownie Company

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Haganum International
2005 Hague Boulevard
Dover, Delaware DE 20561

To the Board of Directors of Starlight Brownie Company Corp. c/o Ms. McCoy, Mr. Combes and Mr. Stewart
5648 Grove Street
Calabasa, Delaware DE 33332

Ref. Legal advice in case of the intended sale of the fried-dough pastries division and the intended launch of a new line of products.

February 5th, 2016
Dear Client,

You have requested a legal advice from our in reference to the your action to be taken is in breach with the law taking in account the laws of the state of Delaware and the country of Germany. Concerning the selling of the divisions producing fried-dough pastries in both countries, the changing of part of the company’s business and the merging with Starlight Brownie Company with healthy food companies.

The legal issue to the case is whether the board of director have the right under the Delaware and German law to make a decision on the above mentioned concerns, without the consent of the …show more content…

Taking in account the discussion in the Aronson v Lewis , the business judgment rule protects the Board of Directors in their freedom to make decisions in the best interest of the company. However the decision taken by the Board of Directors should not be futile for the company otherwise the shareholders withhold the right to prosecute the Board of Directors based on their

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