Vorys (Ohio/Texas): Monitoring and Oversight in the COVID-19 Era

A board’s core duties to employ reasonable and effective oversight of management and business operations are even more important in this unique COVID-19 era.  Beyond potentially harming the company’s business value and reputation, failure to adequately monitor corporate risks can expose directors to personal liability for breach of fiduciary duty.  This alert discusses the contours of those duties and how boards can mitigate risks of claims of inadequate monitoring and oversight arising from the COVID-19 pandemic. MORE.

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