If a court determines a manager's corporate decision amounted to self-dealing:

Question

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If a court determines a manager's corporate decision amounted to self-dealing, the business judgment rule will not apply. This means that the manager's decision cannot be shielded under the rule, and they will be held personally liable for their actions. However, the transaction being challenged will not be automatically voided, and the manager's personal liability will depend on the specific circumstances of the case.

If a Court Determines a Manager's Corporate Decision Amounted to Self-Dealing