United States: Delaware Court Of Chancery Holds That Duty Of Oversight Imposed On Directors Applies Equally To Officers - Cahill Gordon & Reindel LLP

United States: Delaware Court Of Chancery Holds That Duty Of Oversight Imposed On Directors Applies Equally To Officers - Cahill Gordon & Reindel LLP

Mondaq

Published

Since the landmark decision In re Caremark International Inc. Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996) ("Caremark"), Delaware courts have imposed on directors of companies...

Full Article