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20 Dec 2016, 6:48 pm by Francis Pileggi
Analysis: The court began its analysis by reciting the presumption that boards of directors are afforded the protection of the business judgment rule for their decisions–unless a plaintiff can allege particularized facts that raise a reasonable doubt as to the board’s independence. [read post]
17 Dec 2016, 7:00 am by The Public Employment Law Press
 In total, Kanas stole $148,092.24 by accessing a joint bank account she held with her deceased father, liquidating all but $1,207.55 from the account. [read post]
15 Dec 2016, 4:00 am by Michael Erdle
Baseball umpires – like referees and umpires in all sports – are trained to make every call independently, and not to think about whether previous calls were right or wrong. [read post]
12 Dec 2016, 1:30 pm by Richard Nephew
Some have pointed out that it’s impossible to independently confirm IAEA reports of Iranian compliance, since the IAEA reports are not fully public. [read post]
12 Dec 2016, 11:34 am by Barbara S. Mishkin
Mishkin In a letter sent to Majority Leader McConnell and Minority Leader-elect Schumer, the Consumer Bankers Association, the Credit Union National Association, the Independent Community Bankers of America, and the National Association of Federal Credit Unions urge Congress to pass legislation to create a five-member commission to run the CFPB. [read post]
12 Dec 2016, 6:51 am by Elena Chachko
In Israel, the Attorney General is an independent figure. [read post]
11 Dec 2016, 11:54 pm by INFORRM
  Events Media Law in Other Jurisdictions Australia Fairfax Media and the ABC have won a defamation case brought against them by a former National Australia Bank financial planner, after he agreed to settle the case and pay $200,000 in legal costs. [read post]
9 Dec 2016, 1:00 am
Davis, Fordham University, on Monday, December 5, 2016 Tags: Fiduciary duties, Fraud-on-the-Market, Information asymmetries, Inside information, Insider trading, Section 10(b), Securities enforcement, Securities regulation, Supreme Court CEO Duality, Agency Costs, and Internal Capital Allocations Posted by Dennis Philip, Durham University, on Monday, December 5, 2016 Tags: Agency costs, Agency model, Board independence, Boards of Directors, Capital allocation, Executive Compensation,… [read post]
5 Dec 2016, 1:01 am
Companies such as Bank of America, Citigroup and a number of other largest US banks chose to separate the two roles after a series of shareholder proposals demanding that they split the top jobs. [read post]
4 Dec 2016, 4:08 pm by INFORRM
In a proceeding brought by the Royal Bank of Canada against a debtor, the bank required the mortgage discharge statement held by Scotiabank in order to complete a sheriff’s sale of the property. [read post]
2 Dec 2016, 9:47 am by Second Circuit Civil Rights Blog
In itself, the original award is modest, but par for the course in the SDHR, which does not allow plaintiffs to break the bank. [read post]
1 Dec 2016, 12:47 pm by Sharon L. Lippett
   Under  the BIC Exemption: an “adviser” is an individual who:  is a fiduciary of a plan or an IRA by providing investment advice for a fee and an employee, independent contractor, agent, or registered representative of a financial institution; and satisfies applicable federal and state regulatory and licensing requirements with respect to the covered transaction. [read post]
1 Dec 2016, 12:47 pm by Sharon L. Lippett
   Under  the BIC Exemption: an “adviser” is an individual who:  is a fiduciary of a plan or an IRA by providing investment advice for a fee and an employee, independent contractor, agent, or registered representative of a financial institution; and satisfies applicable federal and state regulatory and licensing requirements with respect to the covered transaction. [read post]
1 Dec 2016, 6:27 am by Joy Waltemath
On summary judgment, she conceded, and the district court independently determined, that the STD plan was an ERISA-exempt payroll practice. [read post]
30 Nov 2016, 2:07 pm by Renae Lloyd
In August, Texas’ Beal Bank USA successfully forced an affiliate of Bennu Oil & Gas, Bennu Titan LLC, into an involuntary chapter 11 bankruptcy and later won a judge’s order appointing an independent trustee to take control of the affiliate. [read post]
30 Nov 2016, 4:05 am by Howard Friedman
 According to The Independent yesterday, the new £5 notes printed on polymer rather than paper contain animal fat. [read post]