The COVID-19 pandemic has presented corporations and other organizations with unprecedented challenges that have required boards of directors to act quickly, with limited information in many cases, in order to safeguard the short-term survival and long-term success of their organizations. In determining the best course of action for their organization to take in an emergency, directors should continue to be mindful of their legal duties and should carefully consider how those duties ought to be discharged in the context of the specific emergency faced.
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