business ethics question

Did the Board of Directors fail in their fiduciary duty to the shareholders? Why or why not? If all directors were held to the standards set by the Delaware Supreme Court, what positive and negative effects would this standard have on their performance as directors? Do you agree with the standards set by the Delaware Supreme Court? Why or why not? What might Kant say about these high standards? What might a utilitarian like John Stuart Mills say about these high standards?

Case attached in file:

 

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