District Court of Appeal of Florida

Summary judgment for a director of a company arguing that his decision to extend credit to a client after an order from the board prohibiting him from doing this was protected under the business judgment rule is reversed where the breach of a corporate decision by a member of the board does not qualify for protection under the rule.

Appellate Information

• Decided 11/15/2006
• Published 11/15/2006

Judges

• FLETCHER, Judge., Before GERSTEN and FLETCHER, JJ., and SCHWARTZ, Senior Judge.

Court

• District Court of Appeal of Florida

Counsel

• For Appellant:
  
• Roderick F. Coleman, Boca Raton, for appellant.


• For Appellees:
  
• Fowler White Burnett and David A. Friedman and Robert S. Tanner, Ft. Lauderdale, for appellee.