Avoiding The ‘Entire Fairness’ Trap
Recent years have seen derivative-suit scope creep. Now there may be a workaround.
Recent years have seen derivative-suit scope creep. Now there may be a workaround.
ExxonMobil’s board may have withstood the threat of being removed by a shareholder vote, but the recent case highlights the importance of thinking through all the possible ramifications.
Programs meant to reduce the risk of litigation may actually be increasing it.
The biggest takeaway from Wednesday’s announcement? Data. Where is it, can you get it and do you have the people and processes to do so?
The surprising driver behind modern tort law: liability insurance.
The ruling will bring even more attention to how boards compensate key executives.