C. William Baxley

C. William Baxley, Anne Cox, Bettina Tobben | King & Spalding LLP

Introduction Without a doubt, the recent financial crisis has tested companies and their boards in ways not seen inmanydecades and has had a profound impact on corporate governance and risk management. Indeed, one group of institutional investors with $9.5 trillion in assets under management...

Jeffrey M. Stein, C. William Baxley | King & Spalding LLP

Editor: What was the thought process behind creating the Lead Director Network? Baxley: The lead director role has been an area with relatively little formal guidance as to how the role should be structured or how directors should conduct themselves. The role itself is relatively new; General...

E. William Bates, II, C. William Baxley | King & Spalding LLP

In a much anticipated reversal of the Delaware Court of Chancery's controversial opinion in Ryan v. Lyondell Chemical Co. ,1the Delaware Supreme Court recently reaffirmed that Delaware law will not countenance an aggrieved stockholder's attempt to "bootstrap" onto a duty of loyalty claim for...