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Directors’ Fiduciary Duties: Back to Delaware Law Basics

    https://corpgov.law.harvard.edu/2020/03/10/directors-fiduciary-duties-back-to-delaware-law-basics/
    Mar 10, 2020 · The Delaware Model Basic Fiduciary Duties. Directors of Delaware corporations are subject to the fiduciary duties of care and loyalty (which include the subsidiary duties of good faith, oversight and disclosure). Duty of care. Care requires informed, deliberative decision-making based on all material information reasonably available. Duty of loyalty.

Directors’ Fiduciary Duties: Back to Delaware Law Basics ...

    https://www.skadden.com/insights/publications/2020/02/directors-fiduciary-duties
    Feb 19, 2020 · The Delaware Model. Basic Fiduciary Duties. Directors of Delaware corporations are subject to the fiduciary duties of care and loyalty (which include the subsidiary duties of good faith, oversight and disclosure). Duty of care. Care requires informed, deliberative decision-making based on all material information reasonably available. Duty of loyalty.

Recent Trends in Officer Liability Insights Skadden ...

    https://www.skadden.com/insights/publications/2020/12/insights-the-delaware-edition/recent-trends-in-officer-liability
    Dec 18, 2020 · On the other hand, officers of Delaware companies should be aware of the potential for claims against them for breach of the fiduciary duty of care, even where director liability is exculpated. Like directors, corporate officers owe fiduciary duties to the corporation and its stockholders, but unlike directors, they do not have the benefit of Section 102(b)(7) exculpation for breaches of the …

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