Henrichs v. Chugach Alaska Corp.

OPINION

CHRISTEN, Justice.

I. INTRODUCTION

A former director, accused of misconduct while serving as chair of a corporate board, appeals a jury verdict finding him liable for breach of fiduciary duty. He also appeals a superior court order banning him from serving on the corporation's board of directors for five years. The director argues the superior court erred by: (1) refusing to instruct the jury on what he refers to as a statutory "safe harbor" defense; (2) instructing the jury that he could be found Hable for ordinary negligence; (8) refusing to instruct the jury on his equitable defenses;…