On February 17, 2025, the Delaware legislature introduced Senate Bill 21 (SB21) and Senate Concurrent Resolution 17 (SCR17). SB21 proposes amendments to the Delaware General Corporate Law (DGCL) that expand the safe harbor afforded in the context of certain interested transactions, while also proposing amendments to the DGCL 220 concerning books and records inspections. SCR17
The Sounding Board: Diversity on Corporate Boards
In this MB Sounding Board, Ozzie Gromada Meza, President and CEO of the Latino Corporate Directors Association (LCDA) joins partner Anna Pinedo for a discussion about diversity on corporate boards. Ozzie discusses identifying talent for boards, education for new board members, and tips for individuals looking to serve on boards.
Generative Artificial Intelligence and Corporate Boards: Cautions and Considerations
Generative AI (i.e., AI creating original content using machine learning and neural networks) has captivated people everywhere, producing a range of responses from doomsday warnings of machines rendering humans extinct to rosy dreams where machines possess magical properties. In corporate boardrooms, however, a more sober conversation is occurring. It seeks a practical understanding of
Maintaining Perspective: Governance and Disclosure Reminders for Public Companies
Companies will be affected in a variety of ways by the receivership of Signature Bank, Silicon Valley Bank and any other similarly situated financial institution. Companies may face difficulty accessing cash deposits, bank facilities or the capital markets or limitations on money market transactions or commercial paper facilities. Companies may also face losses on investments