Steele Weighs in on Governance Challenges During Distress and COVID-19

Myron Steele was a panelist for “Governance Challenges During Distress and in the Age of COVID-19,” a webcast discussion hosted by the American Law Institute Continuing Legal Education. In the current economic climate, it is more important than ever for boards and management to understand and prepare for these issues.

The panelists discussed:

• Principles of corporate governance on a “clear day”
• How governance may be affected by distress, and the effects of COVID-19
• Actions boards can take to anticipate and deal with distress

Steele is the former Chief Justice of the Supreme Court of Delaware. Previously, he served as a Judge of the Superior Court and a Vice Chancellor of the Delaware Court of Chancery after 18 years in private litigation practice. He has presided over major corporate litigation and LLC and limited partner governance disputes, and he writes frequently on issues of corporate document interpretation and corporate governance.

For more information about the program, visit ALI CLE’s website.

About Potter Anderson

Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 100 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.