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Caremark

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2. Caremark Liability for Regulatory Compliance Oversight
  
  Explore corpgov.law.harvard.edu Jul 9 2019 BoardBlogs
  
  ...n by Chief Justice Strine, overruled both of these rulings and remanded the case for further proceedings. The Caremark doctrine. In Caremark (1996), the Court of Chancery discussed in detail the parameters of a board’s d...
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  Mentions: Fiduciary Duties Caremark
3. Delaware Supreme Court Reverses Dismissal of Caremark Claim, Finding Lack of Board-Level Oversight and Director Independence
  
  Explore Legal News, Lawyers, Law Firms Jul 2 2019 BoardNews
  
  ...ny information systems or controls, an allegation of misconduct commonly referred to as a Caremark claim. But Caremark claims are notoriously difficult to prove, because they require proof that the directors demonstrated...
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  Mentions: Fiduciary Duties Corporate Governance Delaware
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Quotes about Caremark
1. When a plaintiff can plead an inference that a board has undertaken no efforts to make sure it is informed of a compliance issue intrinsically critical to the company's business operation, then that supports an inference that the board has not made the good faith effort that Caremark requires.
  In Caremark Liability for Regulatory Compliance Oversight