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13 Feb 2023, 4:55 am by Franklin C. McRoberts
Nervo found stated sufficient grounds to judicially dissolve a seemingly successful modeling agency, Matrix Model Staffing, Inc. [read post]
7 Feb 2023, 6:30 am
In concluding that Defendant owed a duty of oversight, the court explained that Defendant “had an obligation to make a good faith effort to put in place reasonable information systems so that he obtained the information necessary to do his job and report to the CEO and the board, and he could not consciously ignore red flags indicating that the corporation was going to suffer harm. [read post]
7 Feb 2023, 6:30 am
In concluding that Defendant owed a duty of oversight, the court explained that Defendant “had an obligation to make a good faith effort to put in place reasonable information systems so that he obtained the information necessary to do his job and report to the CEO and the board, and he could not consciously ignore red flags indicating that the corporation was going to suffer harm. [read post]
6 Feb 2023, 9:01 pm by renholding
If the format of the board agenda and number and complexity of the risk and compliance issues do not lend themselves to a discussion of the full board, then directors should consider the establishment of a dedicated risk and compliance committee to dive deeper on material issues and provide more frequent monitoring, especially when facing specific issues.[17] Assess and prioritize risks. [read post]
22 Jan 2023, 6:59 pm by Francis Pileggi
  Specifically, the court observed that:  “an entity, such as [the entity involved in the Gerber case,] Enterprise Products GP, can only make decisions or take actions through the individuals who govern or manage it. [read post]
6 Jan 2023, 11:15 am by Eric Goldman
It’s increasingly likely that the entire Twitter enterprise is amenable to doing official favors for the Saudi government, with the boss’ blessing. [read post]
6 Jan 2023, 6:02 am by Richard Hunt
Jonathan Adler Enterprises, LLC, 2022 WL 17978906, at *2 (S.D.N.Y. [read post]
14 Nov 2022, 2:18 pm by Bona Law PC
A different company whose actions are being challenged by the FTC, Axon Enterprise, recently argued to the Supreme Court that it should be allowed to raise similar constitutional issues before going through the same FTC’s procedures as Altria/JLI did. [read post]
28 Oct 2022, 6:32 am
The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or its staff. [read post]
25 Oct 2022, 10:46 am by assoulineberlowe
Like with registering securities, the law does have exemptions for brokers and dealers who do not have to register. [read post]