by Touch Stone Publishers | Jun 21, 2026
Executive Summary Delaware’s Court of Chancery has drawn a hard limit on Caremark board oversight liability: directors are not responsible for misconduct at external entities, even when the company carries material financial exposure to those entities. The...
by Touch Stone Publishers | Jun 20, 2026
THE SIGNAL Three independent enforcement and market forces have converged in a 14-month window that will define board-level governance standards for the next decade. Directors who read this brief and act on it this quarter will have the Caremark defense. Directors who...
by Touch Stone Publishers | Jun 19, 2026
Executive SummaryThe SEC has proposed to rescind its 2024 climate-disclosure rule in full, and the comment period is now open. A board that reads this as the end of its climate-oversight obligation is misreading the signal. The federal reporting mandate is...
by Touch Stone Publishers | Jun 18, 2026
Executive Summary Delaware has shown that the 2025 safe harbor your special committee was built to capture does not close the flank that most often pays the judgment. In Guilbeau v. Footprint, the Court of Chancery let aiding and abetting claims proceed against the...
by Touch Stone Publishers | Jun 17, 2026
Executive Summary The Senate Judiciary Committee votes June 18 on the NO FAKES Act (S.4591), which would make every company that hosts user content legally responsible for keeping AI-generated replicas of a person’s face or voice off its platform, not merely for...
by Touch Stone Publishers | Jun 15, 2026
Executive SummaryGlass Lewis can now recommend a vote against directors when a material AI failure meets a board that disclosed no AI oversight, and that policy is live for the 2026 proxy season already underway. Only 15 percent of the S&P 500 disclose board-level...
