Litigation and Alternative Dispute Resolution


By: Kathryn N. Richter
Schnader Harrison Segal & Lewis LLP (Delaware and Pennsylvania, USA)

In a recent decision of importance to all corporate officers doing business in California, a federal district court applying California law has rejected the argument that corporate officers are shielded from personal liability

Read more: Court Holds That the Business Judgment Rule Does Not Apply to Protect the Decisions of Corporate...


By: Mark S. Thomas & Robert W. Shaw
Williams Mullen (North Carolina and Virginia, USA)

The U. S. Court of Appeals for the Fourth Circuit has ruled that retirement plan trustees cannot be held liable for failures to investigate the prudence of plan investments or to diversify those investments,

Read more: Fourth Circuit Rules That Retirement Plan Trustees’ Failures Must Have Causal Link to Plan Losses...