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ORDER
PER CURIAM. AND NOW, this 9th day of September, 2014, the Petition for Allowance of Appeal is hereby GRANTED on the following issues as stated by Petitioner:
a. Whether Courts may disregard the vital function of corporate self-governance by second-guessing the decisions of corporate directors and failing to provide the required deference to their decision simply because the court may not agree with the decision?
b. Whether a court may simply usurp the role of corporate directors by negating the presumption of good-faith to the decisions of directors required by law by simply asserting, without requiring any proof thereof, a conflict of interest by the directors?
c. Whether funds, whose original source was a public entity, retain their public character once the public entity distributes those funds to a private corporation in satisfaction of an obligation, and after the private corporation had retained those funds as corporate assets, and *253 after that corporation utilized the corporate assets for a corporate purpose?
Document Info
Docket Number: 17 EAL 2014 (Granted)
Citation Numbers: 99 A.3d 531, 627 Pa. 252, 2014 Pa. LEXIS 2303
Judges: Per Curiam
Filed Date: 9/9/2014
Precedential Status: Precedential
Modified Date: 10/19/2024