In times of uncertainty, boards are navigating new challenges and unprecedented levels of risk. While there are no pre-existing guidelines, the best legal advice boards can follow is to return to the basics—and focus on their fiduciary responsibilities.
In this episode, Amy Simmerman, Partner at Wilson Sonsini Goodrich & Rosati, outlines top considerations for boards navigating COVID-19 challenges:
- What types of legal actions and issues should boards focus on during these unpredictable times?
- Should boards create a dedicated committee for COVID-19 response?
- In the event of litigation, how will courts review a board’s actions taken during the pandemic?