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...