Should a board's decision-making process change in response to less frequent judicial review?
Delaware law courts have sought to reduce spurious litigation by becoming more deferential to directors' decisions. This has allowed directors and their advisors to focus on making good decisions rather than on building a record for its own sake.
In a complimentary CLE webinar, Paul Robinson and Graham Lockwood, co-authors of CSCPublishing’s The Directors’ Handbook, will explore whether a board's decision-making process should change in response to less frequent judicial review issues.
The webinar, “Judicial Review and Recent Impacts to Board Decision Making," will provide attendees with a better understanding of the current regime for challenges to a director's exercise of fiduciary duties, the realistic risks directors do and do not face as they make important decisions, and the steps directors and their advisors can take to help position boards to make the best possible decisions on behalf of the corporation.
Robinson and Lockwood will discuss these changes, review whether they have worked as intended, and make recommendations for how directors should consider litigation risk as they make decisions moving forward. The program will be of particular value to directors of publicly held companies, corporate counsel, outside counsel, corporate paralegals, and others involved in public company dealings.
Graham Lockwood heads up the Mergers and Acquisitions Group and also serves as a member of the Policy Committee in the Boston office of Skadden, Arps, Slate, Meagher & Flom, LLP , and Paul Robinson is a litigation partner in Skadden's Wilmington office, where he focuses his practice n corporate and securities litigation.
The CLE program is co-hosted by CSCPublishing and Lexis. It will be held on Thursday, April 11 at 2pm. To register, use this link: