Corporate Litigation: Director Oversight Duty Claims
10.08.20
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In their column for the New York Law Journal, Litigation Partner Joe McLaughlin and Associate Shannon McGovern discuss recent Delaware guidance on Caremark claims and corporate directors’ duty to monitor company operations. As derivative plaintiffs seek to expand what constitutes “mission critical” corporate risk, recent decisions provide practical guidance on how courts will identify the key compliance risks a company’s business presents and evaluate whether a company has implemented reasonable board-level monitoring and reporting procedures.
To read the full article, please click here.