Exploring the Standard of Review of Transactions with Controlling Shareholders After In Re MFW Shareholders Litigation (Decided May 29th, 2013)

This Article will begin with a review of the MFW case, followed by a review of the judicial history prior to this decision. Then it will try to analyze, albeit partially, some of the reasons for why this judgment is timely and reasonable considering changes that occurred in the last decades. It will also address some of the courts' reasoning and its persuasiveness.