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Should Boards Eliminate Corporate Officer Liability for Fiduciary Duty Breaches? Boards will need to consider whether to provide officers with a new shield to liability

Authors :
Raymond, Doug
Source :
Directors & Boards. Fall, 2022, Vol. 46 Issue 5, p46, 2 p.
Publication Year :
2022

Abstract

More than 35 years ago, in the case of Smith v. Van Gorkom, the Delaware Supreme Court surprised many when it held members of a board of directors financially liable [...]

Details

Language :
English
ISSN :
03649156
Volume :
46
Issue :
5
Database :
Gale General OneFile
Journal :
Directors & Boards
Publication Type :
Periodical
Accession number :
edsgcl.726537349