Search for: "May v. Board of Directors"
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11 Feb 2020, 4:30 am
By Anne Sherry, J.D.With over a third of the voting power in NCI Building Systems, along with a proportionate number of insiders on the board and contractual veto rights, private equity firm Clayton, Dubilier & Rice may have controlled the company sufficient to cast doubt on its 2018 acquisition of Ply Gem. [read post]
27 Feb 2017, 5:13 am
In the recent decision of Kleinberg v. [read post]
1 Jun 2018, 6:00 am
May 30, 2018) This is an interesting decision for its discussion of when pre-suit demand on the board is not excused for a derivative complaint alleging the directors made improper disclosures to stockholders. [read post]
8 Oct 2017, 9:00 am
Kandell v. [read post]
26 Feb 2024, 4:37 am
The First Department also invalidated a self-interested director transaction in Sardanis v Sumitomo Corp. [read post]
25 Jan 2017, 5:12 am
The Court noted that Section 141(k) of the DGCL provides that “[a]ny director or the entire board of directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors” subject to two exceptions not pertinent here. [read post]
11 May 2015, 6:54 am
On May 19, 2015, the Supreme Court of Ohio will hear oral argument in the case of Board of Health of Cuyahoga County v. [read post]
23 Oct 2014, 3:04 am
The result is that the Condo Board of Directors may be liable for exceeding their authority under the condominium documents. [read post]
19 Jan 2020, 8:32 pm
AmerisourceBergen Corporation, Vice Chancellor Laster ordered AmerisourceBergen Corporation (“AmerisourceBergen” or the “Company”) to make available for inspection board-level documents formally evidencing the directors’ deliberations and decisions and the materials that the directors formally received and considered (the “Formal Board Materials”) relating to whether AmerisourceBergen engaged in wrongdoing… [read post]
15 May 2011, 1:32 pm
… Fifthly, although there are problems with cases where the board of the company splits into a majority and minority faction, so long as the influence controls the real decision makers, the person providing the influence may be a shadow director. [read post]
5 Jan 2018, 8:05 am
In Segal v. [read post]
13 Jun 2012, 2:00 am
This may be changing as a result of a very significant decision issued last Friday by the Second District Court of Appeal in Cole v. [read post]
16 Jul 2014, 5:10 am
When he sees directors on special committees who may have close personal relations with someone on the other side of the transaction, he declines to simply ignore the relationships. [read post]
12 Mar 2012, 6:00 am
The Benefits Review Board recently addressed the applicability of these sections in Brown v. [read post]
1 Sep 2010, 5:00 am
See Seibert v. [read post]
23 May 2022, 1:04 pm
Full disclosure: I knew Reuben briefly when I was on the Board of Directors of the Federal Defenders down here in San Diego and he was the Executive Director. [read post]
12 Nov 2020, 7:01 pm
” Kertesz v. [read post]
20 Apr 2022, 12:03 pm
Robin Crest, et al. v. [read post]
12 Jul 2010, 7:21 pm
While this Article is skeptical about the effectiveness of board independence in India, it suggests reforms to embolden independent directors that may empower them to play a more meaningful role in corporate governance.4. [read post]
3 Dec 2010, 5:00 am
Mark V. [read post]
