Search for: "PRINCIPAL FINANCIAL GROUP, INC., a Delaware corporation"
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7 Apr 2024, 9:05 pm
”[4] More bluntly, the law allows for some profits to be “sacrificed” for moral or legal reasons under broad standards of managerial discretion, such as the business judgment rule for corporations.[5] However, this legal reality has not stopped many professors in law and business schools from teaching economic models – often highly stylized in the language of financial mathematics – that take profit maximization as a foundational assumption.[6] Too… [read post]
15 Jan 2024, 9:01 pm
AIM Immunotech Inc., et al. [read post]
18 Dec 2023, 2:48 pm
His experience and expertise in the field will greatly contribute to the success and growth of our Funds practice group. [read post]
29 Mar 2023, 6:41 am
In what may be the initial shoe to drop in a possible ongoing larger financial investigation, Bragg has zeroed in on a set of activities that occurred in the course of the 2016 presidential campaign. [read post]
13 Feb 2023, 5:59 am
[viii] The Chancery Court’s decision in the P3 Health Group Litigation decision is a stark reminder of the need for private equity sponsors to observe corporate formalities with respect to their portfolio companies. [read post]
17 Jul 2022, 3:45 am
Jack knows that the Delaware corporate statute requires an organizational meeting for the election of directors and then board action to issue shares and elect officers. [read post]
12 Jan 2022, 10:09 am
This post was prepared by Frank Reynolds, who has been following Delaware corporate law, and writing about it for various legal publications, for over 30 years. [read post]
9 Apr 2021, 6:19 am
Matthews, Sutter Securities Financial Services, Inc., and Matthew L. [read post]
28 Jan 2021, 6:09 pm
Those duties depend on the context of the communication, and whether the communication is to an individual stockholder or to a group of stockholders. [read post]
12 Nov 2020, 2:18 pm
Robert Star, a partner in the litigation practice group, is heading up Speed’s defense. [read post]
15 Sep 2020, 3:03 pm
At common law, transactions between an agent (e.g., a corporate director or officer) and the agent’s principal (the corporation) were void. [read post]
11 May 2020, 3:19 am
The company had a rocky financial start. [read post]
4 Oct 2019, 3:00 am
“Corporate lobbyists are experts at killing widely popular policies behind closed doors,” Warren wrote in announcing the proposal. [read post]
2 Oct 2019, 10:21 am
NantKwest, Inc. [read post]
26 May 2019, 6:43 am
In late March 2019, the Hertz Corporation and Hertz Global Holdings, Inc. [read post]
9 Apr 2019, 6:30 am
The business ran into financial difficulties and ultimately defaulted on a loan that the principal shareholders had personally guaranteed. [read post]
28 Jan 2019, 8:18 pm
A recent Delaware corporate law case suggests the way that corporate action grounded in social responsibility, risk management and compliance interacts with traditional management of legal risk--for all parties. [read post]
11 Nov 2018, 4:03 pm
The Trusts had instead relied on a business records affidavit signed by a “Legal Case Manager” employed by Transworld Systems, Inc. with a assortment of exhibits attached to it. [read post]
31 Oct 2018, 2:20 pm
The motions have been filed by Ambac Assurance Corporation ("Ambac") (D.I. 4); Transworld Systems Inc. [read post]
30 Mar 2018, 12:04 pm
New Enterprise Associates, Inc., C.A. [read post]