Speaking Sustainability: Navigating Delaware Law and Directors’ Duties

OnAir with Akin

In the latest episode of our OnAir with Akin podcast, we share our Speaking Sustainability series with Chad Smith, a consultant in the New York office. Joined by guest Jim Deeken, an investment management partner in the Dallas office to discuss the intricacies of Delaware law concerning directors' duties, emphasizing the importance of understanding the duty of care and loyalty to avoid potential liabilities. They highlight the limitations of the business judgment rule and the necessity for directors to ensure proper risk management and oversight, particularly in relation to environmental, social and governance (ESG) issues.

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