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  • ON-DEMAND

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

General Credits:
Original Date Of Course:

$129.00

Course Description

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

Credit Details

Course Type

Course Instructor

Dami Omotunde, Esq., Oderah Nwaeze, Esq., Patton Lu, Esq., Renée M. Dudek, Esq.
Original Date Of Course

General Credits

1
Dami Omotunde, Esq.
Dami Omotunde, Esq.
Dami Omotunde, Esq. represents clients in complex commercial disputes across state and federal courts and arbitration proceedings, with experience spanning shareholder challenges, breach of contract, business torts, corporate governance, and product liability matters. She has developed expertise across multiple industries including financial services, life sciences and health care, technology, and consumer products and retail, and previously practiced at one of the world's largest law firms before joining Faegre Drinker.
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Oderah Nwaeze, Esq.
Oderah Nwaeze, Esq.
Oderah Nwaeze, Esq. brings nearly 15 years of litigation, trial, and counseling experience to matters involving corporate and commercial disputes, including stockholder rights, mergers and acquisitions, business divorces, and breach-of-contract claims. He represents public and private entities, stockholders, officers, and directors across Delaware and other jurisdictions, and has tried cases to verdict involving product liability, fiduciary duty breaches, and post-M&A disputes.
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Patton Lu, Esq.
Patton Lu, Esq.
Patton Lu, Esq. represents clients across state and federal courts, as well as in domestic and international arbitration proceedings, with a practice focused on commercial litigation, financial and securities litigation, and corporate governance disputes. He brings additional expertise in international disputes and matters involving the application of international law, conventions, and treaties.
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Renée M. Dudek, Esq.
Renée M. Dudek, Esq.
Renée M. Dudek, Esq. is a litigator and appellate lawyer who represents clients in commercial litigation and direct appeals in federal and state courts, with experience first- and second-chairing trials, arguing critical motions, and writing case-determinative briefs. A former federal law clerk for Judge L. Felipe Restrepo of the Third Circuit Court of Appeals and Judge Eduardo C. Robreno of the U.S. District Court for the Eastern District of Pennsylvania, she specializes in breach of contract, business torts, M&A-related litigation, and defending businesses against class and collective actions.
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