Worldwide: Directors and Officers

A Delaware Superior Court, applying Delaware law, has held that the United States Securities and Exchange Commission's ("SEC") request to toll the statute of limitations did not constitute a "Securities Claim" under a D&O policy because the tolling request was made in connection with an investigation into the company.

The Delaware General Corporation Law (DGCL) has been amended by two pieces of legislation. The first set of amendments, adopted as Senate Substitute 1 to Senate Bill 21...

The Texas Legislature recently has taken Texas-sized steps intended to make the state a more attractive place for companies to form, reincorporate, or relocate...

The Handbook for Directors of Nonprofit Corporations in the United States summarizes the duties of directors of nonprofit corporations, provides general background information regarding selected available federal tax...

Private equity boards often carry a certain mystique — and, let's face it, a bit of stigma.

Managing a company that is undergoing financial or operational distress and either insolvent or on the cusp of insolvency is often uncharted territory for its directors and officers who are engaging...

Federal fund recipients with the remnants of a diversity, equity, and inclusion (DEI) program should review their directors & officers (D&O) liability insurance policy.

As I previously wrote about in an article for Bloomberg Law, activists have generally not been successful in getting meaningful relief from Delaware courts when it comes to advance notice bylaw challenges.

The Economic Crime and Corporate Transparency Act 2023 ("ECCTA") introduced significant changes to Companies House procedure, with a view to improving transparency in particular...