by Touch Stone Publishers | Jul 8, 2026
Executive Summary Delaware has read the 2025 Section 144 safe harbor for the first time, and the result cuts two ways for boards. Conflicted transactions routed through genuinely independent committees now carry a statutory presumption of director disinterestedness...
by Touch Stone Publishers | Jul 7, 2026
Board oversight of artificial intelligence has crossed from best practice to fiduciary expectation. The National Association of Corporate Directors now frames AI oversight as a core director duty, proxy advisors weigh it in 2026 vote decisions, and the SEC keeps...
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...
