The Business Judgment Rule: A Corporate Safe Harbor and How to Stay Within (On-Demand)

Original Course Date: June 23, 2026

Course Content

This CLE program provides an overview of the Business Judgment Rule (“BJR”) and its role as a critical safeguard for corporate directors and officers. The course will begin with a refresher on fiduciary duties before examining how the BJR operates in practice and how different states formulate and apply the doctrine. Attendees will gain practical guidance on navigating corporate decision-making while remaining within the protections of the rule. The program will also explore key protections available to directors and strategies for minimizing liability exposure in corporate governance matters.

Syllabus

  1. Overview of the Business Judgment Rule (“BJR”)
  2. Refresher on Fiduciary Duties
  3. How the Business Judgment Rule Works in Practice
  4. State-by-State Formulations and Applications of the BJR
  5. Practical Guidance for Applying the BJR in Corporate Practice
  6. Protections and Liability Safeguards for Directors