kaal:claim:2317580-031

Courts treat companies that executed a CIA differently from other companies, and are increasingly recognizing the role of CIAs and their implications for directors' fiduciary duties.

Source quote, verbatim

Courts, however, treat companies that executed a CIA differently. Courts are increasingly recognizing the role of CIAs and their implications for directors' fiduciary duties.

From

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), IV.2 Delineating the Role of CIAs in Fiduciary Duties, p. 16
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

derivative litigation involving companies operating under a CIA

Classification

empiricalsupport: evidencedcompliancecorporate-governance

Related claims

extended_by kaal:claim:kaal-2013-acomparativeperspectiveo-036 Corporate Integrity Agreements are one form of dynamic governance that may be able to temporarily increase fid...

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