Vice Chancellor Laster Extends This Fiduciary Duty, Previously Recognized only as to Corporate Directors -
On January 25, 2023, the Delaware Court of Chancery answered an important question of officer liability, holding...more
1/31/2023
/ Class Action ,
Compliance ,
Corporate Misconduct ,
Corporate Officers ,
DE Supreme Court ,
Delaware ,
Derivatives ,
Duty of Loyalty ,
Duty of Oversight ,
Fiduciary Duty ,
Harassment ,
Motion to Dismiss ,
Shareholders
This alert covers the current law on stranger-originated life insurance (“STOLI”) policies in 14 different states and includes updates concerning the following developments:
• A 2020 decision applying New York law which...more