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United States oversight caremarkgood faithdemand futility

Marchand v Barnhill

212 A.3d 805 (Del. 2019)
JurisdictionUnited States
CourtDelaware Supreme Court
Year2019
StatusBinding authority

Key Principle

Directors of a company in a regulated industry face heightened Caremark oversight obligations; failure to implement any board-level compliance reporting system states a claim.

Area of Law

corporate

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