The National Association of Corporate Directors is hosting a seminar later this week for retired, or nearly retired, generals in the U.S. armed services who aspire to be on a board of directors. The goal of the two-day seminar is to provide the basic information that one should know in order to be better prepared to become a director. I’m honored to be on a panel for this seminar with Delaware Supreme Court Justice Karen Valihura during which we will present a basic overview of fiduciary duties of board members and the related role of the Delaware courts in determining compliance with those duties.