by Touch Stone Publishers | Jul 3, 2026
Executive Summary On June 15, 2026, the Delaware Court of Chancery issued the first opinion interpreting the 2025 amendments to Section 144 of the DGCL, holding that directors certified as independent under stock exchange standards now carry a statutory presumption of...
by Touch Stone Publishers | Jul 2, 2026
The SEC’s May 5, 2026 proposed rule (Release 33-11414) would allow public companies to elect semiannual reporting on new Form 10-S in place of three quarterly 10-Q filings. When management makes that election, the board’s Caremark duty of oversight does...
by Touch Stone Publishers | Jul 1, 2026
Executive Summary Two federal AI signals arrived within 48 hours in June 2026: a White House executive order establishing a voluntary governance framework (June 2) and a bipartisan House draft imposing mandatory third-party audits and $1 million per day in penalties...
by Touch Stone Publishers | Jun 30, 2026
ISS STOXX documented in March 2026 that only 8 percent of 3,048 U.S. public companies disclose any board-level AI oversight — a governance gap that proxy advisors have elevated to the top voting priority for the next cycle and that Congress formalized with the...
by Touch Stone Publishers | Jun 29, 2026
Executive Summary Congress released the 269-page Great American Artificial Intelligence Act on June 4, 2026, creating the first federal framework that requires large AI developers to publish governance frameworks, submit to semi-annual audits by federally licensed...
by Touch Stone Publishers | Jun 26, 2026
The Delaware Court of Chancery’s first ruling under the amended DGCL Section 144 safe harbor framework has raised the bar stockholder plaintiffs must clear to challenge director independence, and that bar now applies everywhere, not just inside the safe harbor....
