Bob files suit to enjoin Mildred, Deborah, and the Nova Corporation from implementing this resolution. Explain whether the injunction should be issued.
ASSIGNMENT 1.Zenith Steel Company operates a prosperous business. The board of directors voted to spend $20 million of the company’s surplus funds to purchase a majority of the stock of two other companies—the Green Insurance Company and the Blue Trust Company. The Green Insurance Company is a thriving business whose stock is an excellent investment […]