JD Husband

JD Husband

Morrison & Foerster LLP

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Should You Amend Your Charter to Provide for Officer Exculpation? Key Considerations for Delaware Corporations

On August 1, 2022, the Delaware General Corporation Law Section 102(b)(7) was amended to extend exculpation rights to executive officers. The new amendment permits a corporation to adopt exculpatory language in its...more

2/17/2023  /  Board of Directors , Breach of Duty , Controlling Stockholders , Corporate Executives , Corporate Governance , Glass Lewis , Personal Liability , Proxy Advisors
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