by Touch Stone Publishers | May 14, 2026
Executive Summary The SEC published its lowest enforcement action count in at least 20 years: 456 total actions in FY2025, down 22% year over year, while installing a new Enforcement Director and publicly branding prior enforcement as a misallocation of resources. For...
by Touch Stone Publishers | May 14, 2026
PRIORITY 9: JUDICIAL Executive Summary The Delaware Court of Chancery has allowed duty-of-loyalty claims to survive against outside directors who approved a fundamental transaction in a single meeting, without outside advisors, in conscious violation of the...
by Touch Stone Publishers | May 13, 2026
When Delegation Becomes Abdication Chancery confirms: outside directors who rubber-stamp a fundamental transaction and then go silent face personal liability, even when they are technically independent. Executive Summary In YWCA of Rochester and Monroe County v....
by Touch Stone Publishers | May 8, 2026
Two of the world’s top strategy firms published primary research this week confirming the same structural failure: boards are pushing faster AI adoption than their CEOs believe is sound, while most directors lack the knowledge to govern what they are...
by Touch Stone Publishers | May 7, 2026
Executive Summary The Delaware Supreme Court has unanimously upheld Senate Bill 21’s fiduciary safe harbors and retroactivity clause, clearing every constitutional challenge and remanding all pending conflicted-controller cases to the Court of Chancery for...