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7:30am – 8:00am – Breakfast and Networking
8:00am – 9:30am – Panel Discussion
Room 290, Stanford Law School
Parking: Wilbur Field Garage, any visitor parking spot.
Avoid lines at the parking machines with the Parkmobile app
What do airplane co-ownership, condominiums on Lanai, and electric cars have in common? Recent Delaware court decisions involving these situations have concluded that directors cannot be considered independent for the purpose of certain transactions. Director independence and potential conflicts of interest have historically focused primarily on relationships with the company itself, but recent cases demonstrate that companies need to be much more aware of and concerned about interlocking business, investment, and social relationships outside of the boardroom. The panel will discuss:
- Situations where independence issues can arise and pose director liability concerns;
- Evolving judicial views on director independence and recent case law involving Oracle, Tesla, and Zynga;
- Tips and best practices for understanding business and personal relationships among directors, anticipating potential conflicts, and avoiding pitfalls; and
- Implications for board and committee composition
Please join the Rock Center and SVDX for a leading edge discussion with our featured panelists:
Professor of the Practice of Law and Executive Director of the Rock Center for Corporate Governance, Stanford University
To view Michael Callahan’s full bio, click here.
|Joseph A. Grundfest
W.A. Franke Professor of Law and Business and Senior Faculty, Rock Center for Corporate Governance, Stanford University
To view Joseph A. Grundfest’s full bio, click here.
Partner, Wilson Sonsini Goodrich & Rosati
To view Katherine Henderson’ full bio, click here.
Director, Faurecia SA, Lumentum Operations LLC, PROS, and Verint
To view Penelope Herscher’s full bio, click here.