The dawn of a new decade brings with it the certainty of ongoing challenges to the conduct of public company directors based on alleged breaches of fiduciary duty.
This note is a brief reminder for directors of Delaware...more
On June 18, 2019, in Marchand v. Barnhill, the Delaware Supreme Court, in an opinion written by Chief Justice Leo E. Strine, Jr. on behalf of a unanimous court, issued a decision reversing the Court of Chancery’s dismissal of...more
6/21/2019
/ Board of Directors ,
Breach of Duty ,
DE Supreme Court ,
Derivative Suit ,
Dismissals ,
Duty of Care ,
Duty of Loyalty ,
Fiduciary Duty ,
Food Manufacturers ,
Good Faith ,
Independent Director ,
Listeria ,
Oversight Duties ,
Pre-Suit Notice ,
Product Recalls ,
Reversal ,
Shareholder Litigation