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7 May 2021, 5:55 am
Cole, Sidley Austin LLP, on Thursday, May 6, 2021 Tags: Boards of Directors, Corporate culture, ESG, Management, Political spending, Public perception, Reputation Reform of the Public Company Accounting Oversight Board (PCAOB) Posted by Lynn E. [read post]
20 Mar 2024, 6:30 am
Plaintiff, another shareholder, claimed that the challenged provisions violated DGCL § 141(a), which provides that “the business and affairs of every corporation organized under this chapter shall be managed by or under the direction of a board of directors, except as may be otherwise provided in this chapter or in its certificate of incorporation. [read post]
20 Mar 2024, 6:30 am
Plaintiff, another shareholder, claimed that the challenged provisions violated DGCL § 141(a), which provides that “the business and affairs of every corporation organized under this chapter shall be managed by or under the direction of a board of directors, except as may be otherwise provided in this chapter or in its certificate of incorporation. [read post]
21 Jan 2016, 2:08 pm by Gene Pierson
The statute at issue states that the Director may not authorize an inter partes review to be instituted unless the Director determines that the information presented in the petition filed under section 311 and any response filed under section 313 shows that there is a reasonable likelihood that the petitioner would prevail with respect to at least 1 of the claims challenged in the petition. [read post]
21 Sep 2018, 10:12 am by InvestorLawyers
As discussed in a prior blog post, on June 29, 2018, the board of directors of American Finance Trust, Inc. [read post]
19 Jul 2022, 2:04 pm
Corporations may, for instance, require a larger or smaller number of directors than a simple majority for a quorum, or may require an affirmative vote by more than a simple majority of directors for the vote to be an “act of the board of directors. [read post]
12 May 2009, 3:43 pm
Here's the decision rule: "the board may approve the stockholder nominees if the board determines in good faith that the election of one or more of the dissident nominees would not be materially adverse to the interests of the corporation or its stockholders. [read post]
1 Jun 2022, 6:36 am by Kevin LaCroix
Here is the author’s article. *************** On May 13, 2022, a judge of the Los Angeles County Superior Court ruled in Crest v. [read post]