Lisa Stark

Mar 17, 2023 | jdsupra.com | Brittany A. Raia |Eugene Ryu |Lisa Stark

March 17, 2023 Tucker Idol, Brittany Raia, Eugene Ryu, Lisa Stark, Leann Walsh K&L Gates LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: Overview On 26 January 2023, the Delaware Court of Chancery (the Court) issued an important decision for corporations and their officers, finding for the first time that corporate officers—not just directors—owe a fiduciary duty of oversight. However, the Court held that an officer’s duty...

Mar 16, 2023 | natlawreview.com | Eugene Ryu |Lisa Stark

OVERVIEWOn 26 January 2023, the Delaware Court of Chancery (the Court) issued an important decision for corporations and their officers, finding for the first time that corporate officers—not just directors—owe a fiduciary duty of oversight.

Jan 30, 2023 | natlawreview.com | Lisa Stark

Delaware recently enacted significant amendments (the 2022 Amendments) to the General Corporation Law of the State of Delaware (the DGCL), enhancing Delaware’s corporate governance regime for directors and officers, while also expanding stockholder rights. However, one of the most significant changes to the DGCL—the authorization of exculpatory charter provisions for officers—has been the subject of litigation in recent cases involving public companies with dual classes of common stock.