lack Letter

duty of care

A director's duty to act with the care of a reasonably prudent person in like circumstances: be informed, attend, ask questions, read the reports. Courts review breaches through the business judgment rule and, in Delaware, a gross-negligence standard.

In SpanishEn español

deber de diligencia (duty of care)

Deber del consejero de actuar como una persona razonablemente prudente: informarse, asistir, preguntar, leer los reportes. Los tribunales lo revisan con la business judgment rule y, en Delaware, con el estándar de negligencia grave. En México: LGSM art. 157 y LMV arts. 30–33.

ExamplesEjemplos

  • Approving a merger after a two-hour meeting with no documents breached the duty of care. Aprobar una fusión tras una reunión de dos horas sin documentos violó el deber de diligencia.

AuthorityFuente: Smith v. Van Gorkom (Del. 1985)

RelatedRelacionados: fiduciary duties (loyalty and care), business judgment rule, duty of loyalty

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