Opinion ID: 1497598
Heading Depth: 1
Heading Rank: 10

Heading: Technicolor Board Loyal

Text: The Court of Chancery found as an ultimate fact regarding the issues of loyalty that a large majority of the board of Technicolor was disinterested and independent with respect to this transaction and neither of those two directors found [Sullivan] or assumed [Ryan] to be interested, dominated or manipulated the process of board consideration. See Paramount Communications, Inc. v. QVC Network, Inc., Del.Supr., 637 A.2d 34 (1994). [23] That finding must be affirmed as supported by the record. It is also the product of an orderly and logical deductive process. Levitt v. Bouvier, Del. Supr., 287 A.2d 671, 673 (1972); see also Rosenblatt v. Getty Oil Co., Del.Supr., 493 A.2d 929, 937 (1985).