Why The Delaware Courts Express Two, And Only Two, Fiduciary Duties: A Response To How Many Fiduciary Duties Are There In Corporate Law?
Nicholas Mozal published a response with the Southern California Law Review entitled: Why The Delaware Courts Express Two, And Only Two, Fiduciary Duties: A Response To How Many Fiduciary Duties Are There In Corporate Law? The Article explained that Delaware courts have identified only two fiduciary duties (the duty of care and the duty of loyalty) as a part of their effort to make corporate law easy to transmit to directors, and thus to affect the relevant social norms.