Director's Fiduciary Duties: Increasing Focus on Good Faith and Independence

16 June 2010 Publication
Authors: Gardner F. Davis Danielle R. Whitley

The Florida Bar Journal

Foley Partner Gardner Davis and Senior Counsel Danielle Whitley authored an article titled "Director's Fiduciary Duties: Increasing Focus on Good Faith and Independence" in the July/August 2009 issue of The Florida Bar Journal. The authors discuss the changing legal standards for directors of Florida corporations and how counsel can advise directors to reduce the risk of legal action. They state that growing legal expectations require corporate directors to actively engage in the supervision of a company, adding that directors’ knowing failure to undertake their responsibilities constitutes bad faith and a breach of their duty of loyalty.

Related Services

Insights

Text Messages, EDiscovery, and the New Threat to Privacy
21 November 2019
CMS Proposes Enhanced Scrutiny over Medicaid Supplemental Payments
20 November 2019
Health Care Law Today
The Purpose of a Corporation
November 2019
Legal News: Business Law
Should This Be a "Mobility" Industry Blog?
19 November 2019
Dashboard Insights
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
HFMA MA-RI Annual Compliance Update
12 December 2019
Boston, MA