Brian Frawley, Lauren Boehmke and Susan Lindsay co-authored an article for Law360 discussing a recent Delaware Court of Chancery decision finding that a director was not permitted to share confidential and privileged information received as a board member with the activist stockholders who nominated the director for election. The piece reviews the rights of directors of Delaware corporations to access and share company information and the key implications of the distinction made by the court between a director who is designated or merely nominated by a stockholder.
Read the article: “Del. Lessons For Director-Nominees On Sharing With Activists”