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Fiduciary › Corporate Governance › Corporate Officers

Fenwick & West LLP

Delaware Amends General Corporation Law to Stanch Company Exodus

Fenwick & West LLP on

On March 25, Delaware adopted significant amendments to §§ 144 and 220 of the Delaware General Corporation Law which aim to provide greater clarity and predictability to corporate fiduciaries in light of certain recent...more

Proskauer - Corporate Defense and Disputes

Delaware Chancery Court Holds that High Standard for Oversight Liability Applies to Corporate Officers

Proskauer - Corporate Defense and Disputes on

The Delaware Court of Chancery recently held that claims for breach of the fiduciary duty of oversight are not easier to plead against corporate officers than against corporate directors. The decision in Segway Inc. v. Cai...more

Allen Matkins

Where Exactly Is It Written That Directors And Officers Are Fiduciaries?

Allen Matkins on

A neophyte to corporate law might ask where is it written in the California General Corporation Law that directors and officers are fiduciaries.  The answer is nowhere.  In fact, the phrase "fiduciary duty" appears only once...more

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