Practice Note: Supreme Court of Maryland overrules prior distinction between director’s managerial and non-managerial duties and reaffirms
that the MGCL is the ‘sole source’ of director duties to the corporation and its stockholders

Authors: James J Hanks Jr, Hirsh M Ament, Judah L Rosenblatt

ISSN: 2521-2575
Affiliations: Senior Partner, Venable LLP, Baltimore, MD; Partner, Venable LLP, Baltimore, MD; Associate, Venable LLP, Baltimore, MD
Source: Journal of Corporate and Commercial Law & Practice, Volume 9 Issue 1, 2023, p. 92 – 94