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Board Fiduciary Responsibilities: Process & Documentation Matter

By Randi Morrison posted 08-03-2023 09:39 PM

  

Further to our recent report: “Business Judgment Rule Protects Board’s Consideration of Stakeholders,” Perkins Coie’s “Navigating Difficult Social & Political Issues:  Lessons Learned from Disney v. Simeone” outlines the key takeaways from, and good guidance for, boards and corporate secretaries associated with the Delaware Chancery Court’s decision that effectively sanctioned the board’s consideration of non-stockholder stakeholders on controversial social or political issues assuming proper process and circumstances.

Access additional resources on our Director / Officer Duties & Liabilities page.

                     This post first appeared in the weekly Society Alert!

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