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20 Dec 2023, 2:05 pm
In a January 25, 2023, opinion in the McDonald’s case that has become known as McDonald’s I, Delaware Vice Chancellor Travis Laster held, as discussed in detail here, that liability for breach of the duty of oversight can extend to corporate officers as well as to directors. [read post]
12 Dec 2023, 10:53 am
We have also maintained communication with corporations such as Compass Group, Aramark, Sodexo, Wendy’s, Marriott, Hormel, McDonald’s, Dine Brands, Conagra Brands, Norwegian Cruiselines, Starbucks and SpartanNash to ensure they continue to make progress in reaching their cage-free egg and crate-free pork targets. [read post]
12 Dec 2023, 3:30 am
Shearman & Sterling recently released its 2023 Corporate Governance & Executive Compensation Survey. [read post]
8 Dec 2023, 3:11 am
At the same time, aggrieved workers have been able to take their grievances against powerful corporations such as McDonald’s to court, visible in the class-action antitrust suit initiated by a McDonald’s manager in 2017. [read post]
6 Dec 2023, 1:02 pm
In the US, I think about power that comes from, not just the government, but also rich individuals and how they use their money to influence things like free speech, as well as corporations. [read post]
29 Nov 2023, 9:01 pm
For example, the Commission imposed a $19 million civil penalty against a large bank subsidiary for making materially misleading statements about its controls relating to ESG integrated products.[11]In addition, the SEC entered into a settlement with the former CEO of McDonald’s, barring the individual from serving as an officer or director for five years, for allegedly making false and misleading statements relating to the former CEO’s termination from the company.[12] The SEC… [read post]
26 Nov 2023, 7:06 am
And with respect to the McDonalds case, which did involve sexual harassment and discrimination allegations, and so maybe could be characterized being ESG-related I suppose, doesn’t really support the authors’ point because the Caremark case against the McDonalds board was dismissed, and the claim was only sustained against one corporate officer due to what can only be called egregious facts (“When a corporate officer himself engages in acts of… [read post]
20 Nov 2023, 4:00 pm
With these precedents, it’s no wonder that last year U.S. corporate giving increased to over $20 billion and Foundation giving was a whopping $105 billion. [read post]
15 Nov 2023, 6:26 am
In addition, the SEC obtained judgments from federal courts ordering: Danske Bank, a multinational financial services corporation, to pay a $178.6 million civil penalty to resolve charges that it misled investors about its anti-money laundering compliance program and failed to disclose risks posed by the program’s significant deficiencies; and Vale S.A. [read post]
14 Nov 2023, 9:01 pm
In addition, the SEC obtained judgments from federal courts ordering: Danske Bank, a multinational financial services corporation, to pay a $178.6 million civil penalty to resolve charges that it misled investors about its anti-money laundering compliance program and failed to disclose risks posed by the program’s significant deficiencies; and Vale S.A., a mining company and one of the largest iron ore producers in the world, to pay $55.9 million combined in a civil penalty,… [read post]
14 Nov 2023, 4:53 pm
In McDonald’s, McDonald’s Australia faced allegations that it, and its franchisees, failed to provide approximately 350,000 employees with 10-minute rest breaks. [read post]
3 Nov 2023, 4:00 am
National/Federal Rep. [read post]
24 Oct 2023, 9:01 pm
I’d like to start by returning to a theme that I’ve touched on before, and that is how public trust in our institutions is faltering.[1] No sector is immune from this trend. [read post]
15 Oct 2023, 5:36 pm
Third, however, on the other side of the scales one can stack up Marchand, Boeing, and McDonald's. [read post]
13 Oct 2023, 3:03 pm
McDonald's generated two posts: In re McDonald's Corp. [read post]
8 Oct 2023, 9:59 am
Whether it is McDonald’s, Jiffy Lubes or Verizon stores, Americans love a trusted brand. [read post]
4 Oct 2023, 5:07 pm
In a recent template for voluntary corporate reporting on data governance, cybersecurity, and AI, Jordan Famularo, lays out disclosure prompts that companies can follow, including: Disclose a privacy and/or data protection policy that covers the organization’s entire operations, including third parties. [read post]
3 Oct 2023, 1:00 am
Although Liebeck initially attempted to settle with the fast food giant for the amount of her medical expenses only, the corporation refused. [read post]
3 Oct 2023, 1:00 am
Although Liebeck initially attempted to settle with the fast food giant for the amount of her medical expenses only, the corporation refused. [read post]
3 Oct 2023, 1:00 am
Although Liebeck initially attempted to settle with the fast food giant for the amount of her medical expenses only, the corporation refused. [read post]
