Following this summer’s much publicized decision by the Delaware Supreme Court in the Marchand v. Barnhill (Blue Bell Creameries) case, the Delaware Court of Chancery’s holding in In re Clovis Oncology, Inc. Derivative...more
10/29/2019
/ Blue Bell Creameries ,
Board of Directors ,
Breach of Duty ,
Caremark claim ,
Clinical Trials ,
Corporate Counsel ,
Corporate Governance ,
DE Supreme Court ,
Derivative Suit ,
Food and Drug Administration (FDA) ,
Investigational New Drug Application (IND) ,
Oversight Duties ,
Pharmaceutical Industry ,
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The Delaware Supreme Court recently sounded a warning bell for directors, reminding that as part of their duty of loyalty, they “must make a good faith effort to implement an oversight system and then monitor it.” The case...more
Directors, corporate secretaries and company counsel must be mindful of good corporate housekeeping practices involving the maintenance of corporate books and records. Earlier this year, a handful of Delaware court opinions...more
5/23/2019
/ Board of Directors ,
Books & Records ,
Corporate Governance ,
Corporate Officers ,
Delaware General Corporation Law ,
Electronic Communications ,
Email ,
Inspection Rights ,
Institutional Investors ,
Section 220 Request ,
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