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Executive Compensation › Business Litigation › Board of Directors

Morris James LLP

Chancery Dismisses Executive Compensation Action For Failure To Plead Demand Futility

Morris James LLP on

Eckert v. Hightower, C.A. No. 2024-0569-MTZ (Del. Ch. Mar. 24, 2025) - A board of directors approved compensation packages for the company’s CEO, who also was its controlling stockholder. The CEO was a member of the...more

Farrell Fritz, P.C.

Better Part of Valor: Delaware Supreme Court Rules No Ratification Defense for Director Grants under Discretionary Plans

Farrell Fritz, P.C. on

What happens when corporate directors approve their own awards under an equity incentive plan? Under Delaware law, so long as the plan is approved by a majority of the fully informed, uncoerced and disinterested stockholders,...more

Porter Hedges LLP

Business Litigation Alert: "Is Your Company Paying Its Board Members Too Much?"

Porter Hedges LLP on

The Challenge of a Well-Paid Board - You get what you pay for, right? Conventional wisdom says that the more you pay for something – a car, a suit, a handbag – the higher the quality....more

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