Podcast #128 | Vice-Chancellor Travis Laster: Ten Years of Trados, A Discussion of Fiduciary Duties.

Episode #128 of the Boardroom Governance Podcast features Vice Chancellor J. Travis Laster of the Delaware Court of Chancery on fiduciary duties of venture-backed company directors and lessons from the Trados case, a landmark decision that addressed the question to whom fiduciary duties are owed when the interests of common and preferred stockholders’ conflict.

The Trados has now been cited in more than 120 judicial opinions, 170 law review articles, and an unknown number of law-firm slide decks explaining fiduciary law to corporate boards.

*This is a special episode originally recorded for participants of the VC-Backed Board Academy (VCBA), a new executive education program for directors of venture-backed companies by the University of California College of Law San Francisco, in partnership with Cooley and Nasdaq. The program is taking place at Cooley’s SF offices on March 8th, 2024.

You can listen to the episode directly in the Boardroom Governance Podcast website (where you can find all the show notes), or wherever you listen to your favorite podcasts such as in: Apple, Spotify, Google and Amazon.

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Pacifica Global was founded in San Francisco to serve as a leading corporate governance advisory firm. The mission of Pacifica Global is to help founders, executives, directors and investors solve some of their most complex corporate governance conflicts and challenges.