Boeing Case Tests Board Oversight Duties in Delaware Ruling
A Delaware Chancery ruling dismissed an investor derivative claim challenging Boeing directors’ oversight for safety risks, after a 2024 Alaska Airlines 737 Max 9 door plug blew out in flight. The Aug. 13 opinion found no bad-faith dereliction of duty when directors saw a red flag, alongside discussion of the Caremark standards clarified in the Marchand v. Barnhill tainted ice-cream case and related Blue Bell litigation.