Topic map / Money and capital
10 questions
Controls are how a second person could see that the cash and the story match.
1.Who can move money, and where is the second approval?
2.How often is the bank reconciled to the books?
3.Which invoice is overdue, and who is responsible for chasing it?
4.Which tax or statutory payment has a date on a calendar?
5.Where do signed contracts live, and who else can find them?
6.What happens to a customer’s problem if you are offline?
7.What could a single shared password let someone do?
8.Which number do you report outward, and can you trace it to a source?
9.Which control would you want in place before the next person joins?
10.How do you preserve originals, approvals, version history, and AI or chat records when a dispute is anticipated?
Pass 2 · new
Listing your own mail and your own bank statements is not a licence to copy someone else’s systems.
Yes, your CEO’s AI prompts may be discoverable (and can be problematic) · Cooley Governance Beat, Broc Romanek
A law firm’s commentary. It says AI prompts may be discoverable and are not necessarily privileged, that in an earnout dispute the court quoted the CEO’s AI prompts, and that the CEO admitted deleting AI chat logs. It says the opinion does not establish a new legal standard. The reserved issues in the opinion itself are impairment and damages.
Fortis Advisors LLC v. Krafton, Inc. · Court of Chancery of Delaware
C.A. No. 2025-0805-LWW, Vice Chancellor Will. Submitted 9 January 2026, decided 16 March 2026. The opinion was read for this pass. Phase One entered judgment that Krafton breached the equity purchase agreement by terminating the key employees without valid cause and by seizing operational control of Unknown Worlds. The remedy is specific performance: Edward Gill is reinstated as CEO with operational authority, and the base earnout testing period is extended by 258 days to 15 September 2026. The opinion says whether Krafton’s actions wrongfully impaired the earnout, and whether any resulting money damages are owed, are reserved for the second phase. One Delaware dispute. Not a rule for other contracts, and not a current docket status.