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19 May 2016, 1:27 pm
When a court considers a claim for a breach of the duty of care, it will generally first look to whether the directors were prepared for the board meetings and whether they were reasonably informed. [read post]
13 Sep 2019, 5:49 am
Garrett (Duke University School of Law), on Thursday, September 12, 2019 Tags: Board oversight, Boards of Directors, Compliance & ethics, Compliance and disclosure interpretation, Compliance officer, Corporate crime, Misconduct, Oversight, Securities enforcement, Wells Fargo Stakeholder Governance and the Freedom of Directors to Embrace Long-Term Value Creation Posted by Richard S. [read post]
23 Mar 2020, 3:00 am
The article notes that so far, banks have been accommodating these draw downs with help from the Federal Reserve, which has opened the liquidity spigots – and it says that so long as the Fed continues to provide funding, the banks are likely to continue to lend. [read post]
23 Sep 2011, 7:50 am
Here’s a snip from yesterday’s filing: “On September 22, 2011, the Board of Directors of Lockheed Martin Corporation,… decided to discontinue the practice of providing elected officers with tax assistance (i.e., tax gross-ups), effective January 1, 2012, for personal use of corporate aircraft and taxable business association dues. [read post]
28 Sep 2020, 10:02 am
Seth Moulton (D-Mass.) and Jim Banks (R-Ind.) on the upcoming report and how to best implement its recommendations. [read post]
9 Jun 2024, 9:05 pm
The Moelis Decision The Company, an investment bank, went public through an initial public offering. [read post]
7 Feb 2008, 11:54 pm
This involves having the board of directors or an appropriate committee of the board approve the initial written Program, and that the board, an appropriate board committee, or a designated member of senior management be responsible for the oversight, development, implementation and administration of the Program. [read post]
17 Nov 2011, 5:26 pm
As the main investment adviser to The Malaysia Fund, MSIM told the fund’s board of directors and investors that a sub-adviser, an AM Bank Group subsidiary, had been contracted to provide research, advice, and support even though according to the SEC, the sub-adviser did not actually provide these services. [read post]
9 Jul 2015, 12:45 pm
Members of the board of directors or any person directly involved in distributing or expending charitable assets may be held personally liable in a civil action brought by the Attorney General for any charitable assets or assets subject to a charitable trust that are distributed or expended in violation of this regulation. [read post]
12 Nov 2020, 2:18 pm
Leisner, a Senior Member in the Trenam law firm in Tampa, found that increasingly he has been called upon to be a sounding board and resource on proposed corporate transactions. [read post]
11 Jun 2022, 8:39 pm
Please feel free to share it with your fellow board members and property managers! [read post]
16 Feb 2007, 7:48 am
In December 2004, the Financial Accounting Standards Board (FASB) heeded these concerns and mandated option expensing in its Statement of Financial Accounting Standards 123R. [read post]
4 Apr 2017, 12:01 pm
Foreign Policy informs us that Russia blocked the appointment of former Clinton White House director of U.N. affairs Richard Wilcox as the U.N. [read post]
8 Jul 2015, 2:29 pm
Michael Oppenheim allegedly took money from at least seven bank clients in a fraud scheme he operated from March 2011 to March 2015. [read post]
30 Sep 2008, 9:31 pm
(b) Commencing January 1, 2009, a summary of the reserve funding plan adopted by the board of directors of the association, as specified in paragraph (4) of subdivision (e) of Section 1365.5. [read post]
26 Apr 2012, 12:00 am
In the community, Champion has served on the board of the Lift for Life Academy; the board of directors and the advisory board of the Junior Chamber of Commerce; and the board of directors of Shelter the Children. [read post]
28 Mar 2016, 4:50 pm
But the amendment brought within its purview chairman appointed on a whole-time basis, managing director, director, auditor, liquidator, manager and any other employee of a banking company, terming them as public servants for offences under the Indian Penal Code. [read post]
18 Aug 2023, 10:05 am
Demko, Debevoise & Plimpton LLP, on Tuesday, August 15, 2023 Tags: advance notice, compliance, Disclosure, officer exculpation, Proxy season, Shareholder activism, Universal Proxy A Guide to Becoming an Exceptional Non-Executive Director Posted by Emma Combe and Dee Symons, Russell Reynolds Associates, on Wednesday, August 16, 2023 Tags: board agenda, board diversity, Board of Directors, effective leadership, Executive performance, strategy,… [read post]
18 Aug 2023, 10:05 am
Demko, Debevoise & Plimpton LLP, on Tuesday, August 15, 2023 Tags: advance notice, compliance, Disclosure, officer exculpation, Proxy season, Shareholder activism, Universal Proxy A Guide to Becoming an Exceptional Non-Executive Director Posted by Emma Combe and Dee Symons, Russell Reynolds Associates, on Wednesday, August 16, 2023 Tags: board agenda, board diversity, Board of Directors, effective leadership, Executive performance, strategy,… [read post]
8 Mar 2010, 6:57 am
Similarly the meeting of the board of directors at which the said resolution was approved was said to have been attended by the petitioner and his signature obtained therein whereas the petitioner’s case was that his presence had been fraudulently shown. [read post]
