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Current proposals include: (i) imposing a mandatory “cooling-off” period of 120 days for officers and directors, and 30 days generally, between when a plan is adopted or modified and when trading can commence; (ii) requiring directors and officers to personally certify to the company that they are not in possession of material nonpublic information at the time of adoption or modification of a plan; (iii) providing that the affirmative defense under Rule 10b5-1(c)(1) does not apply… [read post]
7 Apr 2022, 8:36 am by C. Ryan Maloney, Esq.
  They should also attempt to minimize that risk where they can in their contracts,  and should consider consulting an experienced construction law attorney to assist in negotiating an enforceable contractual waiver or limitation on consequential damages. [1] Keystone Airpark Auth. v. [read post]
7 Apr 2022, 8:36 am by C. Ryan Maloney, Esq.
  They should also attempt to minimize that risk where they can in their contracts,  and should consider consulting an experienced construction law attorney to assist in negotiating an enforceable contractual waiver or limitation on consequential damages. [1] Keystone Airpark Auth. v. [read post]