kaal:claim:kaal-2013-acomparativeperspectiveo-008
Delaware's signalling of expected conduct is undermined when the state simultaneously imposes a near insurmountable standard for liability in cases involving breaches of the duty of oversight.
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Most importantly, Professor Fairfax explains why, while Delaware law may signal the most appropriate standard of conduct, 15 Delaware's signaling of expected conduct is undermined if it imposes a near insurmountable standard for liability in cases involving breaches of the duty of oversight.
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mechanismsupport: arguedfailure: signal undercut by unattainable liability thresholdfamily: enforcement-gapcorporate-governancelaw-and-legal-systems
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