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9 Jun 2024, 9:05 pm by renholding
” In layman’s terms, while corporations can plainly bind themselves to a broad range of commitments, including to investors and third parties, certain decisions or actions are so central to the fundamental role of a corporate board that directors cannot delegate, abdicate, or transfer those responsibilities. [read post]
9 Feb 2024, 6:30 am
Skinner, Ropes & Gray LLP, on Monday, February 5, 2024 Tags: Activism, anti-ESG, ESG, ESG investing, ExxonMobil, GHG, proxy statements, SEC 2024 Proxy Season Considerations: Officer Exculpation for Delaware Corporations Posted by Andrew Allen, Karen Dempsey, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Tuesday, February 6, 2024 Tags: delaware, Delaware Supreme Court, Duty of care, Fiduciary duties, officer exculpation, officers, Proxy season, S&P 500, stockholders … [read post]
9 Feb 2024, 6:30 am
Skinner, Ropes & Gray LLP, on Monday, February 5, 2024 Tags: Activism, anti-ESG, ESG, ESG investing, ExxonMobil, GHG, proxy statements, SEC 2024 Proxy Season Considerations: Officer Exculpation for Delaware Corporations Posted by Andrew Allen, Karen Dempsey, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Tuesday, February 6, 2024 Tags: delaware, Delaware Supreme Court, Duty of care, Fiduciary duties, officer exculpation, officers, Proxy season, S&P 500, stockholders … [read post]
11 Oct 2023, 11:17 am by John Elwood
Twelve of those cases were originally at the court’s end-of-summer “long conference” and are being considered a third time. [read post]
9 May 2023, 9:01 pm by renholding
Until the board has obtained and understood this information, it cannot be said to have complied with its duty of care in endorsing or rejecting a proposed nominee or, in the case of a settlement, appointing a nominee to the board. [read post]
13 Feb 2023, 7:54 am by Eric Goldman
  Hotchner made careful notes of these conversations soon after they occurred, occasionally recording them on a portable tape recorder. [read post]
7 Feb 2023, 5:27 am by Josh Richman
I've lived in the Bay Area for a long time now and I've seen the impact that the tech industry has had on the people who live here. [read post]
22 Jan 2023, 6:59 pm by Francis Pileggi
(The Chancery opinion weighed in at 194-pages long, and the Supreme Court’s opinion, including the concurrence, in total was just under 100-pages long.) [read post]
13 Jul 2022, 12:59 pm by Holly Brezee
There are many reasons businesses choose to share equity with their employees: to reward employees for prior contributions or outstanding performance, to create a sense of ownership, foster an entrepreneurial culture and mindset, and to drive attainment of long-term goals and metrics. [read post]
10 Jul 2022, 1:53 pm by Kenneth Jones
  Thus, my purpose here is to demystify some of the fundamentals and key moving parts related to litigation tracking systems. [read post]