News & Analysis as of

Oversight Duties

Morris James LLP

Court of Chancery Partially Grants Motion to Dismiss Caremark Claims Brought Directly

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Giuliano v. Grenfell-Gardner, C.A. No. 2021-0452-KSJM (Del. Ch. Sept. 2, 2025) - This case dealt with Caremark claims alleging that former directors and officers of a pharmaceutical company failed to oversee regulatory...more

Jenner & Block

Jenner & Block, Project on Government Oversight Release 2025 Installment of When Congress Comes Calling

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Today, Jenner & Block’s bipartisan Congressional Investigations practice, in partnership with the Project on Government Oversight (POGO), released the 2025 edition of When Congress Comes Calling, the gold-standard handbook...more

KPMG Board Leadership Center (BLC)

2025 Audit Committee Survey Insights

Key challenges, concerns, and priorities impacting audit committee agendas. To gain a better understanding of the key challenges, concerns, and priorities impacting audit committee agendas, the KPMG Board Leadership Center...more

DLA Piper

Government Shutdown Update: Wednesday, October 15, 2025

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The House-passed continuing resolution (CR) failed for the ninth time Wednesday afternoon by a vote of 51-44. No one deviated from their previous votes. Senators Marsha Blackburn (R-TN), Tammy Duckworth (D-IL), Bill Hagerty...more

Hogan Lovells

Parliamentary Committee of Inquiry – Pitfalls for affected companies

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The Parliamentary Committee of Inquiry ("PCI") is a key monitoring instrument. It serves to investigate allegations of political misconduct, misbehaviour by political decision-makers and potential legal violations. PCIs pose...more

WilmerHale

ISS Updates Governance QualityScore and Announces Data Verification Period

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ISS ESG, the sustainable investment arm of Institutional Shareholder Services (ISS), recently released methodology updates to its Governance QualityScore. These updates are part of a comprehensive expansion of Governance...more

Society of Corporate Compliance and Ethics...

[Webinar] Workplace Misconduct Compliance and Investigations: What Board Members and Senior Leaders Need to Know - October 16th,...

Learning Objectives: - Learn about Board and executive oversight responsibilities for effective human resources compliance programs, including Board oversight of investigations of misconduct allegations. - Identify...more

Knobbe Martens

Of Broccolini and Branding: Don't Let Your Trademark Wilt

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Congratulations on successfully trademarking your product or brand! Now it’s crucial to protect that investment through diligent trademark oversight and enforcement. This involves actively monitoring for, and taking...more

Holland & Knight LLP

Congreso de Colombia expide ley que declara al Río Ranchería como sujeto de derechos

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El Congreso de la República de Colombia aprobó el pasado 8 de agosto la Ley 2415 de 2024, por medio de la cual se declaró el Río Ranchería como sujeto de derechos, reconociéndole al río los derechos de conservación,...more

Legal Internet Solutions Inc.

Gen AI and Attorney Ethics: A State-by-State Roundup

Be cautious, be curious, be vigilant, and be brave. Those were the words of the New York State Bar Association’s Task Force on Artificial Intelligence. It is good advice. GenAI is here and lawyers need to understand its...more

Proskauer - Regulatory & Compliance

The SEC Adopts Extensive Climate Change Disclosure Rules

Two years after proposing rules on climate change disclosure, the SEC has adopted new rules, predictably by a split 3-2 vote. The adopted rules maintain the core of the original proposals, requiring that both domestic...more

Ankura

Common Causes of CFIUS Agreement Non-Compliance and Enforcement Risk

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Following the update to the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) Enforcement and Penalty Guidelines, the Committee has continued to signal its intention to more heavily leverage...more

Holland & Knight LLP

OIG to Audit CMS Oversight of Nursing Home Surveys by Third-Party Contractors

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The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG), a top federal watchdog tasked with overseeing Medicare, Medicaid and other HHS programs, recently announced that it will audit the...more

Sheppard Mullin Richter & Hampton LLP

The Delaware Court of Chancery Confirms that Duty of Oversight Claims Against Corporate Officers Are Subject to the Same High...

In Segway Inc. v. Hong Cai, 2023 Del. Ch. LEXIS 643 (Del. Ch. Dec. 14, 2023), the Delaware Court of Chancery (Will, V.C.) dismissed a claim for breach of fiduciary duty brought by Segway Inc. (the “Company”) against its...more

Proskauer - Corporate Defense and Disputes

Delaware Chancery Court Holds that High Standard for Oversight Liability Applies to Corporate Officers

The Delaware Court of Chancery recently held that claims for breach of the fiduciary duty of oversight are not easier to plead against corporate officers than against corporate directors. The decision in Segway Inc. v. Cai...more

ArentFox Schiff

US Labor Groups Seek Greater DOT and NHTSA Oversight of Autonomous Vehicles

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On November 8, 2023, nearly thirty (30) labor groups including the International Brotherhood of Teamsters and the United Auto Workers (“Labor Groups”) sent a letter to the Secretary of Transportation and the Acting...more

HaystackID

Cybersecurity Experts Urge Responsible AI Adoption, Not Overreliance

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Editor’s Note: This article covers valuable insights on artificial intelligence’s (AI) evolving role in cybersecurity and incident response shared during an expert panel discussion. As cybersecurity, information governance,...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Dam Maintenance/Discharge of Water: Miller County Circuit Court, Arkansas, Action Filed Against Drainage District/Agricultural...

The John O. Nix Trust (“Nix”) filed an October 10th Complaint in Miller County, Arkansas, Circuit Court against Bradley Enterprise & Farm, LLC, (“Bradley”) and Drainage Districts No. 4 & 5 (“District”) addressing the...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - August 2023 #2

Congress May Kick Appropriations Can to December. Like many of us, our elected federal legislators have grown more comfortable with working remotely. That is why this week, even though the U.S. Congress was out on its August...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2023 - DHS Audit of CBP’s Centers of Excellence and Expertise Yields Evidence of...

Uniformity, or rather the lack thereof, in procedures and practices within U.S. Customs and Border Protection’s (CBP) Centers of Excellence and Expertise (Centers) is evidently harming compliant companies within the trade...more

BakerHostetler

The SEC's Proposed Cybersecurity Rules: Regulatory Delay Does Not Bless Standing By

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The SEC’s Cybersecurity Proposals - The SEC has proposed four rules designed to address cybersecurity risk and management, including incident reporting by public companies....more

Morrison & Foerster LLP

Banking Agencies Issue Joint Third-Party Risk Management Guidance

On June 9, 2023, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the “Agencies”) published final joint guidance on managing...more

Skadden, Arps, Slate, Meagher & Flom LLP

Insights: The Delaware Edition - June 2023

In a case of first impression, the Court of Chancery held recently that officers, like directors, owe their companies a duty of oversight, although the scope of that will vary with their responsibilities. Two other Chancery...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Court of Chancery Holds That Corporate Officers, Like Directors, Owe a Duty of Oversight

On January 25, 2023, Vice Chancellor Laster of the Court of Chancery issued a significant decision, finding as a matter of first impression that corporate officers owe a duty of oversight akin to the oversight duties owed by...more

McDermott Will & Schulte

[Webinar] Addressing DOJ’s New Compliance Focus on Executive Compensation - April 20th, 2:00 pm - 3:00 pm ET

The new compliance focus on executive compensation, as announced by the US Department of Justice (DOJ) on March 3, 2023, has significant implications for how healthcare organizations address both corporate compliance and...more

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