Fox News studios in Washington, D.C. The company is the first to be sued over a law formalizing corporations' ability to shield officers from liability. Photo: Diego M. Radzinschi/ALM As Corporations Consider Limiting Officer Liability, Shareholder Tensions Rise
Some lawyers are concerned by the impact on options shareholders would have when making breach of duty of care claims.
November 07, 2022 at 03:09 PM
4 minute read
Delaware corporations and their shareholders have over the last few weeks begun navigating the recently enacted law allowing them to limit corporate officers' liability, with the first vote approving the change closely followed by the first lawsuit on the issue.
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