“Board Communications Cheat Sheet - What Every Director Should Know” from Baker Botts outlines recommended practices for board communications that should mitigate the risks associated with failure of board oversight litigation. The “cheat sheet” addresses delivery, maintenance, and destruction of board materials; proper documentation (i.e., minutes); use of company e-mail accounts for board activities; and avoidance of informal communications channels, which may result in damaging, discoverable information.
Access additional resources on these Society pages: Director Duties & Liabilities; Data Privacy »Board/Director Communications; Minutes; and Records Management/Retention. This post first appeared in the weekly Society Alert!