Delaware Supreme Court Reverses Dismissal of a Fiduciary 'Caremark' Suit After Finding the Board Did Nothing to Assure Board-Level Oversight

Delaware Supreme Court Reverses Dismissal of a Fiduciary 'Caremark' Suit After Finding the Board Did Nothing to Assure Board-Level Oversight


Thomson Reuters Westlaw
By: Gail Weinstein, Brian T. Mangino, Andrea Gede-Lange, and Randi Lally

Thomson Reuters Westlaw republished a Fried Frank M&A/Private Equity Briefing™, titled “Delaware Supreme Court Reverses Dismissal of a Fiduciary 'Caremark' Suit After Finding the Board Did Nothing to Assure Board-Level Oversight of Regulatory Compliance—Marchand v. Barnhill ('Blue Bell').

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