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Director Conflict of Interest Avoidance: Practice Pointers

By Randi Morrison posted 12-26-2023 04:52 PM

  

Woodruff Sawyer’s “Tears of a Director: The Tightrope of Director Conflicts” explains the relationship between directors’ fiduciary duties, conflicts of interest, and director independence; provides an overview of relevant Delaware case law; and suggests practice pointers for companies to mitigate the potential for inadvertent conflict of interest scenarios. The post includes links to sample standalone director conflict of interest guidelines, as well as conflict of interest provisions incorporated into corporate governance guidelines.

Access additional resources on our Director / Officer Duties & Liabilities and Compliance & Ethics pages.

                    This post first appeared in the weekly Society Alert!

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