Re: Xura Decision – Are Non-Director Officers Protected by Business Judgment Rule?
January 14 | Arthur H. Kohn, Partner, Cleary Gottlieb Steen & Hamilton LLP | Mark E. McDonald, Associate, Cleary Gottlieb Steen & Hamilton | Ashley Powell, Law Clerk, Cleary Gottlieb Steen & Hamilton LLP | Vanessa Richardson, Associate, Cleary Gottlieb Steen & Hamilton | Julia M. Rozenblit, Practice Development Lawyer, Cleary Gottlieb Steen & Hamilton LLP | Comments (0)
In advising non-director officers about conduct that could give rise to fiduciary claims, it is prudent to routinely advise that they take steps to meet the conditions of the business judgment rule. However, practitioners should also keep in mind that there may be a question whether officers will be entitled to that protection.
Senior Fellow L’Helias Honored by Global Proxy Watch
January 10 | Governance Center | Comments (0)
Sophie L’Helias, a senior fellow with The Conference Board Governance Center and founder of the LeaderXXchange, was named to Global Proxy Watch’s “2018 GPW 10” list.
Q&A with Norman Prestage: EY Audit Partner’s Perspectives on the Job Description of a Corporate Director
January 09 | Norman Prestage, Partner, EY | Gary Larkin, Research Associate, Corporate Leadership, The Conference Board | Comments (0)
This Q&A with Norm Prestage discusses the job of the corporate director from his perspective as a partner with EY. He feels like the best directors have a deep understanding of company strategy and risk profile, act as a sounding board for management, and are keenly aware of stakeholder concerns.
Q&A with Sharad Jain: PwC Governance Insights Center Partner’s Perspectives on the Job of a Corporate Director
January 03 | Sharad Jain, Partner, Governance Insights Center, PwC | Gary Larkin, Research Associate, Corporate Leadership, The Conference Board | Comments (0)
This Q&A with Sharad Jain discusses the job of the corporate director from his perspective as a partner with PwC’s Governance Insights Center. He touches upon topics like the external auditor’s direct reporting line to the audit committee and the challenge of a board’s oversight of a company’s tone at the top.