Congress Forces AI Audit Accountability

Congress Forces AI Audit Accountability

Congress released the Great American AI Act on June 4, 2026, a bipartisan 269-page discussion draft that would require major AI developers to submit to semi-annual third-party audits by federally licensed Independent Verification Organizations, with civil penalties of...
Caremark Reaches Workplace Culture

Caremark Reaches Workplace Culture

Touch Stone Publishers | Board Intelligence | For Tuesday, June 9, 2026 Executive Summary The Delaware Court of Chancery has held that a board’s failure to respond to credible red flags of workplace sexual misconduct can sustain a Caremark oversight claim, and...
Nominee Directors Cannot Serve Two Masters

Nominee Directors Cannot Serve Two Masters

Executive Summary The Delaware Court of Chancery has resolved a long-contested question of corporate governance doctrine: a director appointed by a blockholder, activist, creditor, or class stockholder owes fiduciary duties to the entire body of stockholders, not to...
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