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9 Aug 2023, 10:26 am by Kevin LaCroix
That decision focused on “mission critical” areas such as food safety in a company that was an ice cream manufacturer and distributor. [read post]
27 Jun 2023, 9:01 pm by renholding
Greater Use of Private Ordering In a scenario where all shareholders attend a meeting and vote in person and no proxies are solicited, state law, including the company’s charter and bylaws, can impose requirements, such as an advance notice provision,[40] on a shareholder’s ability to add a proposal to the meeting agenda. [read post]
7 Feb 2023, 6:30 am
Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]
7 Feb 2023, 6:30 am
Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]
26 Aug 2022, 4:00 am by Jim Sedor
National/Federal An Unusual $1.6 Billion Donation Bolsters Conservatives Seattle Times – Kenneth Vogel and Shane Goldmacher (New York Times) | Published: 8/22/2022 A new conservative group received $1.6 billion from one donor, which among the largest – if not the largest – single contributions ever made to a politically focused nonprofit. [read post]
1 Feb 2022, 4:08 pm by Ben Vernia
Civil enforcement actions against the parties responsible for triggering and fueling the opioid epidemic are a critical part of the department’s ongoing efforts to address this crisis.Consistent with this focus, the largest False Claims Act settlements in the past year resulted from significant resolutions with prescription opioid manufacturers:  Indivior Inc. and Indivior plc (Indivior), and Purdue Pharma (Purdue). [read post]
28 Jan 2022, 11:00 am by gabrielagendreau
To post an open Indian law or leadership job to Turtle Talk, send the following information to indigenous@law.msu.edu:  In the email body:  A typed brief description of the position which includes: Position title Location (city, state) Main duties Closing date Any other pertinent details such as links to the application An attached PDF job announcement. [read post]
19 Jan 2022, 12:19 pm by Francis Pileggi
Delaware High Court finds First State charter outweighs other factors in Dole Foods choice-of-law ruling The Delaware Supreme Court decided a consequential case in 2022 addressing choice-of-law and fraud-exclusion issues in connection with requiring D&O insurers to pay settlements with investors who claimed that the CEO of Dole Foods Company Inc. cheated them in a going-private buyout. [read post]
The First District Court of Appeal reversed, holding that the Project, pursuant to SB 35 was eligible for ministerial review and approval, and to do so does not violate the City’s charter authority. [read post]
The First District Court of Appeal reversed, holding that the Project, pursuant to SB 35 was eligible for ministerial review and approval, and to do so does not violate the City’s charter authority. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Outgoing NY Governor Signs Bill to Limit Overdraft Practices at State-Chartered BanksBanking Dive – August 20, 2021 New York Gov. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Outgoing NY Governor Signs Bill to Limit Overdraft Practices at State-Chartered BanksBanking Dive – August 20, 2021 New York Gov. [read post]