“Fairness of Director Awards Granted Under Market-Standard Equity Plans Comes Under Increased Scrutiny”
Skadden, Arps, Slate, Meagher & Flom LLP | Marc S. Gerber, Neil M. Leff, Regina Olshan, Erica Schohn, Joseph M. Yaffe, Alessandra K. MurataA Delaware court opinion issued late last week may subject equity grants to directors to increased judicial scrutiny (Calma v. Templeton, No. 9579-CB (Del. Ch. Apr. 30, 2015)). In Calma, the Chancery