Recent developments in the Court of Chancery concerning a corporate board’s duty to monitor and provide oversight over a corporation’s operations, so-called Caremark claims, are likely to intersect with the Securities and...more
12/19/2022
/ Caremark claim ,
Climate Change ,
Corporate Governance ,
DE Supreme Court ,
Disclosure Requirements ,
Discovery ,
Duty to Monitor ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Motion to Dismiss ,
Proposed Rules ,
Reporting Requirements ,
Risk Mitigation ,
Securities and Exchange Commission (SEC)
On March 18, 2020, the Delaware Supreme Court (the “Court”) issued a groundbreaking decision reversing the Delaware Court of Chancery’s December 2019 ruling in Sciabacucchi v. Salzberg, 2018 Del. Ch. LEXIS 578 (Del. Ch. Dec....more