Corporate Officers of Delaware Corporations Have Fiduciary Duty of Oversight

Until Delaware Court of Chancery issued In re McDonald’s Corp. Stockholder Derivative Litigation decision it was unclear if claims for breach of fiduciary duty premised on lack of oversight also applied to corporate officers of Delaware corporations.

Related Keywords

Delaware ,United States , ,Walt Disney Co ,Caremark International Inc ,Delaware Court ,Mcdonald Corp ,Corporation Law ,Delaware Supreme Court ,Mcdonalds ,City Of Detroit Police ,Stockholder Derivative ,Caremark International ,Derivative Litigation ,Information System ,Information Systems Claim ,Bad Faith ,Delaware General Corporation Law ,Statutory Exculpation ,Recent Amendment ,Delaware General Corporation ,Walt Disney ,Chief People Officer ,Red Flags Claim ,Points Regarding Oversight Duties ,Detroit Police ,Fire Retirement ,Legal ,Business ,Government ,Delaware Court Of Chancery ,Delaware Corporations ,Delaware Corporate Law ,Elaware Corporate Litigation ,Iduciary Duty Of Oversight ,Iduciary Duty Of Loyalty ,