Delaware: Corporate officers and fiduciary duties

In two recent Delaware decisions it has been accepted that corporate officers owe the same duties as directors: Midland Grange No. 27 Patrons of Husbandry v. Walls (28 Feb. 2008) and Miller v. McDonald (9 April 2008). For further discussion, see this post on the Harvard Law School Corporate Governance Blog and an article by Lyman Johnson posted here on SSRN.