McDonald’s and Duty of Corporate Officer Oversight

The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. In this episode, Matt and I dive deep into a recent decision by the Delaware Court of Chancery in the McDonald’s case, creating a duty of oversight for corporate officers.

Some of the highlights include:

·      Why can bad facts make bad laws?

·      The sordid facts of David Fairhurst during his tenure at McDonald’s.

·      The legal rationale.

·      What is Caremark, and how did it influence this decision?

·      What does it mean for CCOs?

·      How does this decision intertwine with the Monaco Doctrine, CCO certification, and the new Corporate Enforcement Policy?

 Resources

Tom with a multipart series on the FCPA Compliance and Ethics Blog

Matt Kelly with two posts in Radical Compliance

Leave a Reply

Your email address will not be published. Required fields are marked *

What are you looking for?