The curious legacy of Caremark is how one opinion can shape an industry through answering a negative. I was struck by the interplay between concepts such as the duty to monitor and the duties of care, good faith, and loyalty. While the resultant measures and obligations can be a bit of an egg dance, the awareness they created spurred corporate compliance into an irreversible practice. But let’s step back.
Coming of Age: The New Face of Integrity Compliance
Volume 90, No. 4, Summer 2018