Live Video-Broadcast: January 16, 2025
Select Your State Below to View CLE Credit Information
Sign-up for a law firm subscription plan and each attorney in the firm receives free access to all CLE Programs
During this 2-hour CLE, we will discuss the primary fiduciary duties owed by corporate directors and officers, as well as the circumstances where management will receive the protections of the “Business Judgment” Rule, a foundational corporate law principle that stops courts from second-guessing corporate decisions made in good faith and in the best interests of their companies. We will also discuss the duties that are derivative of the duties of loyalty or due care, when corporate actions or transactions must be scrutinized under the heightened entire fairness standards, and how to mitigate the conflicts of interest inherent in controller or control group transactions so that corporate management gets the benefit of the Business Judgment Rule. Attendees will gain a broad understanding of the rules, standards, case law, and practical realities that govern the conduct of corporate directors and officers.
This course is co-sponsored with myLawCLE.
Key topics to be discussed:
Date / Time: January 16, 2025
Closed-captioning available
Oderah C. Nwaeze | Faegre Drinker Biddle & Reath LLP
Oderah C. Nwaeze is an experienced trial attorney who helps clients resolve complex corporate and commercial disputes. For over a decade, he has led or worked on matters involving shareholder rights; actions arising under Delaware General Corporation Law and Delaware common law; lawsuits stemming from mergers, acquisitions and other corporate transactions; business divorces; and breach-of-contract matters. To be specific, Oderah has experience with “books and-records” demands and litigation, actions to compel an annual meeting, stockholder appraisal litigation, derivative lawsuits, and judicial dissolution of an entity.
Renée M. Dudek | Faegre Drinker Biddle & Reath LLP
Renée Dudek is a litigator and appellate lawyer who represents clients in commercial litigation and direct appeals in federal and state courts. She has first- and second-chaired trials, frequently argues critical motions, and regularly writes case-determinative briefs.
Christian J. Clark | Faegre Drinker Biddle & Reath LLP
Christian Clark counsels clients in litigation and dispute resolution. His practice includes concentrations in financial services, and government and internal investigation.
I. Fiduciary Duties of Corporate Directors and Officers | 2:00pm – 2:40pm
II. Understanding the Business Judgment Rule and Entire Fairness Standard (Part I) | 2:40pm – 3:00pm
Break | 3:00pm – 3:10pm
III. Understanding the Business Judgment Rule and Entire Fairness Standard (Part II) | 3:10pm – 3:30pm
IV. Mitigating Conflicts of Interest in Controller Transactions | 3:30pm – 4:10pm