X
28Dec

The Board's Role in Corporate Compliance is Changing - Fast

Key Takeaways from Foley's National Directors Institute Conference Panel - When it comes to a corporate board’s oversight of compliance programs, it’s no longer business as usual. In 2019, a Delaware court shifted the board oversight standard from “sustained or systemic failure of the board to exercise oversight” to a proactive requirement that directors “must make a good faith effort to implement an oversight system and the monitor it” – a requirement that dovetails with the Department of...
By: Foley & Lardner LLP
Source Url: https://www.jdsupra.com/legalnews/the-board-s-role-in-corporate-20266/

Related

DOL Issues Proposed Rule for Tipped Employees

Working to clarify the jumbled mess of FLSA tipped worker regulations, on October 8, 2019, the Depar...

Read More >

Antitrust Enforcement Update: Spotlight on Physician Transactions

At both the state and federal level, antitrust enforcement agencies continue to pursue successful ch...

Read More >

Manufacturing a Summer (Employment) Potpourri

As predicted here, the Trump Administration launched a series of not-so-surprising raids to arrest u...

Read More >

California Supreme Court Rejects Claim For Unpaid Wages Under PAGA

Putting an end to employees’ backdoor attempts to recover unpaid wages in Private Attorneys General...

Read More >

Who You Gonna Call (As a Witness)?

Construction disputes (as with any matters in litigation) rarely make it to trial. Matters typically...

Read More >

Sexual Overperception Bias And Workplace Harassment

Humans are not unbiased observers and decision makers. I’m not talking here about prejudice based o...

Read More >