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9 Jun 2024, 9:05 pm by renholding
The plaintiff’s claim relied on Delaware precedent holding that governance restrictions in an agreement (as opposed to the corporation’s certificate of incorporation) are invalid if they either directly or indirectly “remove from directors in a very substantial way their duty to use their own best judgment on management matters” or “substantially limit the freedom of director decisions on matters of management policy. [read post]
24 May 2024, 6:51 pm by Christine Kexel Chabot
As she noted, “[w]hen the Constitution’s text does not provide a limit to a coordinate branch’s power, we should not lightly assume that Article III implicitly directs the Judiciary to find one. [read post]
20 May 2024, 8:06 am by Guest Author
As she noted, “[w]hen the Constitution’s text does not provide a limit to a coordinate branch’s power, we should not lightly assume that Article III implicitly directs the Judiciary to find one. [read post]
20 Apr 2024, 8:18 am by Eugene Volokh
It instead dismissed ISDA's claims on the ground that such procedural irregularities did not matter in light of Summum. [read post]
15 Feb 2024, 1:23 pm by Kevin LaCroix
The Chancery Court said that, as a matter of law, it does not matter if the board truly thought that losing the CEO would be more harmful to shareholder value than acceding to his compensation desires. [read post]
14 Jan 2024, 5:01 am by Eugene Volokh
" On the day that the Court's decision dropped, the President sent another letter lamenting the "difficult day" that "[w]e" "see" "as a step backwards. [read post]
8 Nov 2023, 9:28 am by admin
Vardeman, Christopher K. [read post]
2 Nov 2023, 7:54 am by Eugene Volokh
CLB, decided today by the Michigan Court of Appeals, in a nonprecedential opinion by Judges Anica Leticia, Christopher Murray & Sima Patel (as the public record below reveals, the plaintiff is Inkster City Attorney David W. [read post]
27 Oct 2023, 3:17 pm by centerforartlaw
”[6] The question thus arises: who were those “reputable” dealers, and how does it matter that a private purchaser like White is in good faith? [read post]
10 Oct 2023, 9:01 pm by renholding
Although better than the proposed rule,[1] the final beneficial ownership reporting rule continues to rest on flawed economics. [read post]
5 Oct 2023, 5:44 am by Eugene Volokh
Indiana (1973) the Court held that because Hess's statement "[w]e'll take the f—ing street later" or "[w]e'll take the f–ing street again" at an antiwar demonstration was not directed to any person, it could not be incitement and was protected speech. [read post]