The panel will focus on fiduciary duties owed by a board of directors to a company not only when the company is healthy, but also as the company heads towards insolvency. The panel will also discuss the current state of the zone of insolvency. The focus will be on Delaware corporations, but the panel will contrast how other jurisdictions address fiduciary duties, zone of insolvency, and deepening insolvency.

Key topics include:

• Summary of Fiduciary Duties of a Board of Directors
• Applicable Standards of Review for Transactions Under Delaware Law
• The Origins of the Zone of Insolvency
• Current Status of the Zone of Insolvency
• Other Jurisdictions View on Fiduciary Duties, Zone of Insolvency, and Deepening Insolvency