by Touch Stone Publishers | Aug 24, 2026
NACD’s own 2025 Public Company Board Practices and Oversight Survey confirms a governance gap: more than 62 percent of directors now hold standing board-level agenda time for AI discussion, and NACD’s own analysis finds the underlying governance...
by Touch Stone Publishers | Aug 20, 2026
Chancellor Kathaleen St. J. McCormick denied every motion to dismiss in a controlling stockholder take private on August 12, because the controller did not commit to the minority protections until after price negotiations were already underway. The special committee...
by Touch Stone Publishers | Aug 19, 2026
The Delaware Court of Chancery dismissed Caremark oversight claims against Boeing’s directors on August 13, in full and with prejudice, before the same judge who refused to dismiss nearly identical claims against the same company five years ago. The doctrine did...
by Touch Stone Publishers | Aug 4, 2026
The Delaware Court of Chancery ruled on July 29 that the Revlon duty to seek the highest price reasonably available does not govern public benefit corporation directors in a sale of control, and that the PBC statute’s own safe harbor can extinguish both direct...
by Touch Stone Publishers | Jul 17, 2026
SEC Chairman Paul Atkins confirmed on July 9 that the Commission will not resume issuing no-action letters on shareholder proposal exclusions, and moved to gut Regulation S-K to bare materiality, telling the room of directors and general counsel: the buck stops with...
by Touch Stone Publishers | Jul 16, 2026
A Delaware committee has drafted legislation for the AIC: an entity whose daily affairs are run by an AI agent, not a person, drafted after its chair confirmed Morgan Stanley already lets AI agents trade with no clear party accountable when one causes harm. Every...