kaal:claim:2317580-006
Although CIAs sit outside the formal legal framework that defines fiduciary duties, they belong to the penumbra of extra legal forces that clarifies what is expected of directors.
Source quote, verbatim
While CIAs are outside the traditional legal framework that formally defines fiduciary duties, they fit into the penumbra of extra-legal forces11 that helps to clarify the expectations for directors.
From
Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), I. Introduction, p. 6
https://ssrn.com/abstract=2317580 · source PDF
Cite as
Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013). SSRN: https://ssrn.com/abstract=2317580
Holds when
Classification
designsupport: arguedlaw-and-legal-systemsgovernance-designcorporate-governance
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