McDonald’s and Duty of Corporate Officer Oversight

Compliance into the Weeds

The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt and I take a deep dive into 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 bad facts can make bad law?

· 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

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