January 01, 2007
Mark Olinsky, a Member of the Firm, was interviewed for a January 2007 Compliance Week article titled "Delaware Affirms High Standard In Director Suits." This article discusses a recent Delaware Supreme Court ruling in which the Court continued to protect corporate directors. According to Mr. Olinsky, "[Although the decision] doesn't change what people should be doing, directors can take comfort that if they put a system in place and make sure they're monitoring it and not looking away, they won't be blamed - or shouldn't be blamed - for acting in bad faith by not being perfect." To read the entire article, please click on the following link.