Marina C. Leary advises on matters related to corporate governance, mergers and acquisitions, private equity, venture capital, corporate finance and securities and Delaware corporate and alternative entity laws. Read Marina C. Leary's full bio.
On January 25, 2023, the Delaware Court of Chancery held, for the first time, that the rationale for a duty of oversight (Caremark duty) owed by directors of Delaware corporations applies equally, if not to a greater degree, to officers. In re McDonald’s Corp. Stockholder Derivative Litigation, C.A. No. 2021-0324-JTL (Del. Ch. Jan. 25, 2023). However, this...
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