June 22, 2020

Recent Developments in Governance Litigation & The Impact of COVID-19

Recent Developments in Governance Litigation & The Impact of COVID-19

June 22,  2020

Corporate governance continues to be the subject of litigation, and boards of directors and the companies they serve are now under unprecedented pressures, as the COVID-19 pandemic presents unforeseen risks and causes manifold damage throughout the economy.  All of this has transpired in the context of a potential “paradigm shift” in corporate governance towards considering the interests, not just of shareholders, but of “stakeholders”.  At least 35 states have adopted “benefit corporation” laws to help accommodate this shift.  Our panel of experts will review recent case decisions and what they may portend for the future, as well as discuss how legal advisors to boards can help them navigate through the current crisis and the changing landscape of corporate governance.

Panelists:

  • Howard Brod Brownstein (moderator), The Brownstein Corp., Conshohocken, PA
  • Myron T. Steele, Partner, Potter, Anderson & Corroon, LLP; Former Chief Justice of the Supreme Court of Delaware
  • Catherine Dearlove, Director, Richards, Layton & Finger, PA
  • Patricia A. Winston, Partner, Morris James LLP, Wilmington, DE

Presented by: Corporate Governance Committee and Business and Corporate Litigation Committee

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