Search for: "Outside Directors Enron" Results 61 - 80 of 131
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
15 Oct 2008, 2:21 pm
Boards must hear from independent, unaffiliated outsiders, he said, lamenting that "too many directors don't actually understand the company's business. [read post]
3 Sep 2014, 4:14 am by Kevin LaCroix
  An increasingly large number of companies are adopting forum selection by laws and courts outside of the selected forum are showing a consistent willingness to enforce the provisions. [read post]
21 Jul 2014, 4:40 am by Kevin LaCroix
As discussed here, in January 2013, the claims against seven of Satyam’s outside directors were dismissed. [read post]
22 May 2018, 3:11 am by Liz Dunshee
The situation has been called the British “Enron” and could lead to sweeping reform. [read post]
30 Jul 2007, 5:15 am
  The Act made the outside auditors more independent, empowered the audit committee of the board of directors, and gave the CFO the incentive to disagree with the CEO (the incentive being a possible 20 year prison sentence). [read post]
6 Nov 2012, 7:57 am by Peter Tillers
US laws protect the truly rich and powerful, (a few outliers like Enron and Worldcom have to be put away, just to keep the pretence aliveā€¦ but so have we, like in the case of Satyam) and selectively target small fry like Gupta. [read post]
5 Jan 2009, 7:00 am
  Credibility comes from ethical and hard nosed attitudes about enforcement, something that would be lost if they were viewed either inside or outside the agency as little more than sieves for industry. [read post]
4 Jan 2012, 12:33 am by Kevin LaCroix
But even if there were no earth-shaking events, 2011 was nevertheless an eventful year in the directors and officers’ liability arena. [read post]
17 Jul 2012, 10:00 pm by Nietzer
” In the corporate world, remember Enron, where the traders ran the company. [read post]
7 Mar 2014, 6:47 am by Richard S. Zackin
With regard to SOX’s legislative history, the Court observed that the statute was enacted in response to the Enron debacle and noted Congress’ concern with Enron’s outside professionals, who retaliated against their employees who threatened their employers’ business relationship with Enron by reporting fraudulent activity. [read post]
6 Jan 2015, 4:14 am by Kevin LaCroix
The year just ended was an eventful one in the world of directors’ and officers’ liability. [read post]
16 Jun 2010, 2:22 pm by Mary Wolff
The rule came in the wake of Enron and WorldCom when there was public outcry for more regulation of corporate counsels. [read post]
29 Jan 2018, 11:28 pm by Kevin LaCroix
Director of the SEC Enforcement Division from 1974 to 1981; general counsel to the Central Intelligence Agency from 1981 to 1986; and U.S. [read post]
19 Sep 2007, 11:37 am
Enron aside, and "whistle-blowers" law aside, I find in actual real life HOA experience that most directors that do it, and although they would like to consider themselves "whistleblowers", they are really just trying to trip up the other board members by using the information improperly. [read post]
2 Aug 2010, 6:15 am by Larry Ribstein
Note that the Delaware chancery court dismissed the shareholder suit against Citigroup directors last year because the allegations didn’t show conduct outside the protection of the business judgment rule, and specifically not in breach of the “Caremark” bad faith standard. [read post]
18 Feb 2011, 1:11 am by Kevin LaCroix
The settlement does not resolve claims against the individual defendants, including certain of the company’s former directors and officers, or against PricewaterhouseCoopers-related entities. [read post]
26 Oct 2006, 8:31 am
Go back to my position that suing outside corporate counsel for fiduciary duty breaches should be useful in forcing lawyers like Vinson & Elkins (ala Enron debacle) to . . . do a better job of gatekeeping. [read post]