Delaware precedent, primarily Trados and ODN, holds that corporate boards of directors owe fiduciary duties to holders … of preferred stock.Rarely analyzed or applied in an intra-corporate context, the fiduciary duty of impartiality allows a … fiduciary to exercise discretion while having a duty to act bona fide in the best interests of the beneficiaries as a whole …

Fiduciary duty is the golden rule ‘regulating’ the relationship between trustees and beneficiaries. In principle, it … respects, fiduciary duty is a chimera: it looks to convention rather than forward to innovation in investment management. As … such, governance policies and practice must provide the instruments that simple recipes of fiduciary duty are ill …

investors diversify, most commentators have assumed that fiduciary duty should be construed as if owed to a diversified … stockholder. The thesis here, however, is that (i) it is impractical to measure fiduciary duty by reference to diversified …

of the fiduciary duties of care and loyalty owed by corporate board members, and their application to traditional …

While reference to "fiduciary duties" (plural) is routinely employed in the United States as a convenient short … "fiduciary duty." This contrast prompts some important questions about the doctrinal structure for duty of care analysis adopted … "fiduciary" duty? If so, then how should Delaware lawmakers and judges respond moving forward? In this Essay I argue that styling …