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Lessons From Disneyland: Bad Decisions Are Still Decisions

By Stephen Taub, Compliance Week

Loeb & Loeb is noted and David Fischer is quoted on the decision rendered by Chief Judge William B. Chandler III who found that Walt Disney CEO Michael Eisner and the Disney board of directors properly exercised their fiduciary duty and did not commit waste when the company hired and fired Michael Ovitz, no matter how bad of a decision it was.