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Q1 2023 U.S. Legal & Regulatory Developments

The following is our summary of significant U.S. legal and regulatory developments during the first quarter of 2023 of interest to Canadian companies…

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Delaware Court of Chancery's McDonald's Decision Ramifications

In re McDonald’s Corporation Stockholder Derivative Litigation, plaintiff-stockholders of McDonald’s asserted claims for breach of fiduciary duty against McDonald’s, its Board of Directors, certain officers for alleged corporate culture of sexual harassment and misconduct.

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The Ramifications of The Delaware Court of Chancery's McDonald's Decision – Beyond Holding That Caremark Oversight Obligations Apply to Corporate Officers | Cadwalader, Wickersham & Taft LLP

Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how  the...

Delaware , United-states , America , Bell-creamerie , Amsouth-bancorporation , Jason-halper , Stephenj-easterbrook , Boeing , Mcdonald-corporation , Lending-club , Wickersham-taft , City-of-detroit-police-fire-ret

Officer Liability, Supersized: Delaware Court Of Chancery Holds Caremark Duty Of Oversight Now Applies To Corporate Officers - Discrimination, Disability & Sexual Harassment

More than 25 years ago, the Delaware Court of Chancery held that corporate directors owe a "duty of oversight," which requires that directors in good faith both (a) implement a reasonable reporting...

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April 2022 Retail Markets Recalls News Roundup

Installation issues seemingly caused April recall of around 129,000 Murphy wall beds shared by Bestar, US Consumer Product Safety Commission. Announcement blames impact, crushing hazards. Bestar received 61 incident reports, including death of 79-year-old woman.

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April 2022 Retail Markets Recalls News Roundup

Installation issues seemingly caused April recall of around 129,000 Murphy wall beds shared by Bestar, US Consumer Product Safety Commission. Announcement blames impact, crushing hazards. Bestar received 61 incident reports, including death of 79-year-old woman.

New-york , United-states , California , Houston , Texas , Westchester , Candida-lipolytica , Andrew-smith , Westchester-surplus-lines-insurance-co , Andrew-smith-co , Landec-service-of-suit , Blue-bell-creameries-united-states-inc

ESG Company Operations

Companies are increasing pressure to address environmental, social, and governance ESG issues. BlackRock CEO Larry Fink recently reiterated his support for stakeholder capitalism; we ask businesses to demonstrate how they deliver on their responsibility to shareholders.

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Caremark and "Mission-Critical" ESG Company Operations | Cadwalader, Wickersham & Taft LLP

I. Introduction - Companies are increasing pressure to address environmental, social, and governance (“ESG”) issues.  ESG topics have taken center stage in boardrooms,...

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Workplace Vaccine Mandates and Corporate Boards

Mandatory workplace COVID-19 vaccination is becoming an accepted and necessary measure to protect employee health and safety. Mandatory workplace vaccination is also a meaningful tool to manage employee health and safety risks.

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Corporate Boards' Role In Workplace Vaccine Mandates | Mintz Edge

Mandatory workplace COVID-19 vaccination is becoming an accepted and necessary measure to protect employee health and safety. Given the importance of the employee stakeholder to the...

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