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The Ramifications of The Delaware Court of Chancery's McDonald's Decision – Beyond Holding That Caremark Oversight Obligations Apply to Corporate Officers | Cadwalader, Wickersham & Taft LLP

Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how the. ....

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Corporate Officer Beware: Delaware Court of Chancery Says You Owe Caremark Duties | Frantz Ward LLP

On January 25, 2023, the Delaware Court of Chancery submitted its opinion in In re McDonald’s Corporation Stockholder Derivative Litigation, No. 2021-0324-JTL, 2023 WL 387292 (Del. Ch.. ....

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Delaware Court of Chancery Finds for the First Time That Officers' Fiduciary Duties Include Caremark Duty of Oversight, and That Sexual Harassment Is a Breach of the Duty of Loyalty | Goodwin

On January 25, 2023, in In re McDonald’s Corporation Stockholder Derivative Litigation, Vice Chancellor Travis Laster of Delaware’s Court of Chancery denied a motion to dismiss a. ....

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Delaware Court of Chancery Concludes That Duty of Oversight Applies to Officers | Wilson Sonsini Goodrich & Rosati

In an important decision addressing an issue of first impression, the Delaware Court of Chancery determined that corporate officers owe a fiduciary duty of oversight under Delaware law.. ....

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Caremark Liability Following The SEC's New ESG Reporting Requirements - Shareholders

One of the more notable developments in Delaware case law in recent years has been the revitalization of "Caremark duty" claims. ....

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