Baghdad had sought the power to arrest and try Americans accused of crimes not related to official military operations, plus jurisdiction over troops and contractors who commit major crimes in the course of their duties.
Under Delaware law, majority shareholders have strict duties of loyalty to minority shareholders that include not usurping opportunities, such as the sale of a major asset, that belong to the corporation.
Even at many major corporations, the person who is responsible for the pension is also the CFO or has other significant corporate duties and only spends 10% of his time on pension matters.