☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Entire Fairness Standard

The most exacting standard of judicial review in corporate law, applied to self-dealing transactions by directors, requiring proof that both the transaction's price (fair dealing) and terms (fair price) were entirely fair.

Etymology: English compound · Category: Corporate Law · Source: Weinberger v. UOP, Inc., 457 A.2d 701 (Del. 1983)
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