Posted on
Tuesday 6 May 2008
A trio of recent court decisions illuminate -- and possibly expand --
the fiduciary duties of corporate officers who aren't also company
directors, beefing up the sparse body of Delaware case law that
specifically highlights the duties of officers, according to lawyers.
The decisions may help eliminate confusion about an issue that has been
addressed mostly in snippets for more than 40 years, said Michael
Maimone, a partner at Edwards Angell Palmer & Dodge.
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