The growing importance of corporate board minutes
As compliance and litigation requirements have increased, corporate board minutes have become increasingly crucial. Several recent court cases exemplify how accurate board meeting records can help protect boards facing scrutiny and litigation.
In this episode, Amy Simmerman, a partner at Wilson Sonsini Goodrich & Rosati, discusses why board minutes are so important and what every director should be aware of when it comes to approving them.
- Why is it increasingly important for corporate board minutes to reflect an accurate picture of relevant board discussions?
- What should directors be looking for when they are asked to approve the minutes?