“The Corporate Guide: You’re a Corporate Director. What’s Next?” from Faegre Drinker Biddle & Reath provides a succinct, reader-friendly overview of directors’ fiduciary duties of care, loyalty, disclosure, and oversight (including consideration of non-stockholder stakeholders and other ESG-related matters) based on Delaware law and case precedent. The publication also addresses the standard of review most commonly applied by Delaware courts in assessing allegations of directors’ misconduct – the business judgment rule, and how that presumption may be rebutted, and certain safeguards available to directors in the event of litigation.
Access additional resources on our Director Duties & Liabilities page.
This post first appeared in the weekly Society Alert!