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15 Jun 2024, 6:31 am
In May 2024, the Delaware Senate proposed DGCL §122(18) to permit corporations to enter into agreements with shareholders that would allow Boards to transfer broad powers to shareholders, including the ability to restrict Board actions, pre-approve Board actions and require the Board to agree to take (or not take) specified actions, as long as the shareholder continues to own a specified number of shares. [read post]
15 Jun 2024, 6:31 am
In May 2024, the Delaware Senate proposed DGCL §122(18) to permit corporations to enter into agreements with shareholders that would allow Boards to transfer broad powers to shareholders, including the ability to restrict Board actions, pre-approve Board actions and require the Board to agree to take (or not take) specified actions, as long as the shareholder continues to own a specified number of shares. [read post]
30 May 2024, 6:42 am
. ('Letter from John Ruggie toSaskia Wilks and Johannes Blanenbach’ (19 September 2019) )  I have been working on the production of a comprehensive commentary of the United Nations Guiding Principles for Business and Human Rights. [read post]
27 May 2024, 2:27 pm by Michael Lowe
  Any Texas attorney in good standing can practice Texas law in their chosen field, from corporate law to criminal defense. [read post]
21 May 2024, 9:01 pm by renholding
Key Takeaway Unlike the 2016 rules, the Final Rule does not contain a specific, representation-based exception from fiduciary advice for interactions with sophisticated counterparties like other advice fiduciaries. [read post]
9 May 2024, 2:00 pm by Joanna Herzik
Our corporation is seeking an attorney in your state who can represent us in a license infringement matter by a business partner of the corporation. [read post]
18 Apr 2024, 9:01 pm by renholding
With respect to the former, it’s been referred to as one of the largest financial frauds in U.S. history, and it’s principal architect was recently sentenced to 25 years in federal prison.[1] Tellingly, John Ray, who was appointed FTX CEO as part of its bankruptcy proceedings, observed that “in his 40 years of legal and restructuring experience,” which included the Enron bankruptcy, he had never seen “such a complete failure of corporate… [read post]
16 Apr 2024, 4:00 am by Eric Segall
For example, the original number was six, but in 1801 President Adams and the Federalist Congress reduced the number to 5 after Jefferson won the 1800 election. [read post]
14 Apr 2024, 9:05 pm by renholding
SEC.[5] At other times, the Court has stepped on the gas pedal in decisions such as Basic v. [read post]
8 Apr 2024, 10:08 am by admin
When the Supreme Court decided the Daubert case in June 1993, two recent verdicts in silicone-gel breast implant cases were fresh in memory.[1] The verdicts were large by the standards of the time, and the evidence presented for the claims that silicone caused autoimmune disease was extremely weak. [read post]
7 Apr 2024, 9:19 am
These include (1) the movement toward alignment of public policy and private activity (especially in the context of economic activities); (2) governmentalization of private sector activity; (3) the rise of compliance based accountability (quality control) governance; (4) the revolution in the normative valuation of human rights and sustainability as both a set of culturally superior expectations and legal requirements; (5) the revolution in the methods of assessment and… [read post]
3 Apr 2024, 9:05 pm by renholding
Beneficial Corporation,[1] securities class actions have often included options traders alongside purchasers and sellers of stock. [read post]
27 Mar 2024, 3:39 pm by Guest Author
Yet, it does not justify an interpretation of the Constitution that tolerates let alone sustains corporate infringement of individual rights and encroachment on governmental powers. [read post]
21 Mar 2024, 2:29 pm by Daniel J. Gilman
But the second part of the DOJ’s gloss on their allegation does make one wonder. [read post]
19 Mar 2024, 6:08 pm
It signaled what appeared to be the ending of a long arc of development with the abandonment of the project to produce a Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights (the “Norms”).[1] It was also the year that saw the announcement of the appointment of John Ruggie as Special Representative of the Secretary-General on the issue of Human Rights and Transnational Corporations and… [read post]