Professor Stephen Bainbridge comments here about Caremark-based duties of directors and the importance of demonstrating one’s best efforts at implementing an information and reporting system, as compared to having evidence of a perfect system.
Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
Professor Stephen Bainbridge comments here about Caremark-based duties of directors and the importance of demonstrating one’s best efforts at implementing an information and reporting system, as compared to having evidence of a perfect system.