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.

Source quote, verbatim
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.
From

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), Introduction, p. 5
· source PDF

Cite as

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)

Holds when
Classification

mechanismsupport: arguedfailure: signal undercut by unattainable liability thresholdfamily: enforcement-gapcorporate-governancelaw-and-legal-systems

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