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27 May 2024, 4:10 pm
(Admittedly, I also believe in deferring in some cases to board decisions about takeovers and to insulating boards to some extent from shareholder activism, although I do so for policy rather than business motives.) [read post]
27 May 2024, 12:48 pm
Although there are slight differences between them, the Canada Business Corporations Act (CBCA) and Ontario Business Corporations Act (OBCA) both permit boards of directors to hold, and shareholders to participate and vote in, virtual-only shareholder meetings. [read post]
27 May 2024, 8:48 am
May 15, 2024), provides a mini-treatise on the titular topic, and a scholarly deep dive that includes a tour of nearly 40 years of Delaware corporate law on the tension between the contractual obligations of directors—as compared to the fiduciary duties of board members, and the general primacy of contract law. [read post]
27 May 2024, 6:30 am
On the other hand, another strand of the literature argues that the pay-setting process is inefficient, as CEOs can extract rent by exercising their power over the board of directors and driving pay up. [read post]
27 May 2024, 6:30 am
On the other hand, another strand of the literature argues that the pay-setting process is inefficient, as CEOs can extract rent by exercising their power over the board of directors and driving pay up. [read post]
27 May 2024, 5:45 am
Last week, both the prosecution and the defense rested their cases in former President Donald Trump’s New York trial for allegedly falsifying business records (FBR) in his effort “to unlawfully influence the 2016 presidential election,” in the words of Manhattan Supreme Court Justice Juan Merchan’s case summary. [read post]
26 May 2024, 7:34 am
Most recently, she served as interim dean of career and technical education for Woodland Community College after working as executive director of college, career and life readiness at the Peninsula School District and director of career and college readiness for the Seattle Public Schools. [read post]
26 May 2024, 6:57 am
A board member is pushing to install a heater. [read post]
26 May 2024, 6:30 am
Posted by Frederik Otto and Michael Reed, The Sustainability Board, on Sunday, May 26, 2024 Editor's Note: Frederik Otto is Executive Director and Michael Reed is Director and Senior Advisor of the Institute for Sustainable Family Business at The Sustainability Board (TSB). [read post]
26 May 2024, 6:30 am
Posted by Frederik Otto and Michael Reed, The Sustainability Board, on Sunday, May 26, 2024 Editor's Note: Frederik Otto is Executive Director and Michael Reed is Director and Senior Advisor of the Institute for Sustainable Family Business at The Sustainability Board (TSB). [read post]
25 May 2024, 4:09 pm
This option provides little help for anti-Citizens United activists, however, because adopting an amendment to the articles to so provide requires approval by the board of directors and a vote of the shareholders. [read post]
25 May 2024, 10:28 am
” Reynoso is part of SDPD’s LGBTQ+ Community Advisory Board. [read post]
24 May 2024, 4:48 pm
They thus ignored significant attributes of the board of directors that deserve special attention. [read post]
24 May 2024, 12:30 pm
The experience can be “a vital tool” in healing, said Katie Espling, health director for the roughly 2,000-member tribe. [read post]
24 May 2024, 6:31 am
The average post-intervention increase in BGD, measured as the quotient of female board directors divided by the total number of board directors, is 7.3 percentage points. [read post]
24 May 2024, 6:31 am
The average post-intervention increase in BGD, measured as the quotient of female board directors divided by the total number of board directors, is 7.3 percentage points. [read post]
24 May 2024, 6:30 am
Wechkin, Sidley Austin LLP, on Tuesday, May 21, 2024 Tags: board appointments, Board of Directors, Delaware law, Demand futility, director appointments, directors, Harrison Metal Capital Proposed DGCL § 122(18), Long-term Investors, and the Hollowing Out of DGCL § 141(a) Posted by Marcel Kahan and Edward Rock (New York University School of Law), on Tuesday, May 21, 2024 Tags: delaware, Delaware law, DGCL, moelis, Quickturn, stockholder… [read post]
24 May 2024, 6:30 am
Wechkin, Sidley Austin LLP, on Tuesday, May 21, 2024 Tags: board appointments, Board of Directors, Delaware law, Demand futility, director appointments, directors, Harrison Metal Capital Proposed DGCL § 122(18), Long-term Investors, and the Hollowing Out of DGCL § 141(a) Posted by Marcel Kahan and Edward Rock (New York University School of Law), on Tuesday, May 21, 2024 Tags: delaware, Delaware law, DGCL, moelis, Quickturn, stockholder… [read post]
24 May 2024, 3:00 am
This month, the Marin County Board of Supervisors approved a hard cap on the number of short-term rentals it will allow in unincorporated places, including the bucolic towns hugging iconic Highway 1 and the Point Reyes National Seashore. [read post]
24 May 2024, 3:00 am
National/Federal With Debate Deal, Trump and Biden Sideline a Storied Campaign Institution DNyuz – Adam Nagourney (New York Times) | Published: 5/16/2024 The agreement by President Biden and Donald Trump to move ahead with two presidential debates, and sideline the Commission on Presidential Debates, is a debilitating and potentially fatal blow to an institution that had once been a major arbiter in presidential politics. [read post]