Michelle Davis

Skadden, Arps, Slate, Meagher & Flom LLP

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Caremark Update: Delaware Court of Chancery Dismisses Two ‘Oversight’ Derivative Actions Arising From Government Investigations

The Delaware Court of Chancery recently issued two opinions — Richardson v. Clark (MoneyGram) and Fisher v. Sanborn (LendingClub) — that dismissed stockholder derivative claims for breach of directors’ oversight duties...more

6/29/2021  /  Bad Faith , Board of Directors , Caremark claim , Compliance , Corporate Governance , Derivative Suit , Government Investigations , Oversight Duties , Shareholder Litigation
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