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Is there a heightened fiduciary duty when a pandemic is running rampant? The current atmosphere is fragile, and it is noble for CEO’s, board members, trustees, officers and other titled peoples who take extra care to act in the interests of trustees, beneficiaries and consumers – but should it be essential? One could easily argue that the law is the law and standards should remain consistent. Jack Russo chats with Rafael Chodos about the differences between changes in the law and changes in required behavior to determine basic competency in this new environment.
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Is there a heightened fiduciary duty when a pandemic is running rampant? The current atmosphere is fragile, and it is noble for CEO’s, board members, trustees, officers and other titled peoples who take extra care to act in the interests of trustees, beneficiaries and consumers – but should it be essential? One could easily argue that the law is the law and standards should remain consistent. Jack Russo chats with Rafael Chodos about the differences between changes in the law and changes in required behavior to determine basic competency in this new environment.