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12 Jun 2012, 10:14 am
Here are more facts of the case: • When the Decedent died on April 22, 2009, he left a Will dated December 18, 2007 (the "2007 Will") • Prior to executing the 2007 Will, the Decedent had executed a will in 2005 pursuant to which Nephew received 80% of the Decedent's estate and Nephew's Wife received 20% • In the 2007 Will, Nephew's Wife received nothing and Nephew received only a life estate in a farm • The amount of the Estate was over $5 million •… [read post]
12 Jun 2012, 10:06 am
The outcome of the Facebook cases should act as another signpost to provide guidance for future growth company boards of directors, executives and bankers to follow. [read post]
12 Jun 2012, 10:06 am
The outcome of the Facebook cases should act as another signpost to provide guidance for future growth company boards of directors, executives and bankers to follow. [read post]
12 Jun 2012, 4:35 am
The next proposal of this kind to be voted on is at Chesapeake Energy's annual meeting this Friday, but given that their recent governance changes included the ability of two shareholders to name directors to the board, the concept of proxy access seemed to have already taken effect. [read post]
11 Jun 2012, 1:59 pm
Rajaratnam that Goldman's board is considering buying a bank. [read post]
11 Jun 2012, 1:59 pm
Rajaratnam that Goldman's board is considering buying a bank. [read post]
10 Jun 2012, 8:38 pm
Legal Week: Outsourcing in focus as RBS prepares to cut back legal roster Royal Bank of Scotland (RBS) has kicked off a much-anticipated review of its legal panel, with tender documents sent out to law firms late last month. [read post]
9 Jun 2012, 5:17 pm
May was given a briefing note on July 18, 2011, to help answer potential lydifficult questions in the House of Commons, including a response to whether a link could be drawn between Wallis’ relationship with the Met and the hiring of Andy Coulson as David Cameron’s director of communications. [read post]
9 Jun 2012, 2:36 am
This happens when the majority group in the Company or the directors in actual control of the Company, deal with the properties and funds of the company in an illegal manner and with the ultimate intention of siphoning off funds of the Company. [read post]
8 Jun 2012, 6:49 am
The ongoing battle between Floyd, Virginia-based Cardinal Bankshares Corporation (Cardinal) and activist investor Douglas Schaller raises interesting questions with respect to whether an activist shareholder entity can wage a proxy contest to replace a majority of directors on the board of a bank holding company (BHC) without the activist entity being considered a BHC under the Bank Holding Company Act (BHCA). [read post]
7 Jun 2012, 1:34 am
A review of banking and accounting records should be performed to ensure there is no commingling of funds. [read post]
6 Jun 2012, 9:00 pm
(…) The state should let SOE boards exercise their responsibilities and respect their independence. [read post]
5 Jun 2012, 8:14 am
Michael Cimino and Joseph Repko, 12-2733-MJ-GARBER Cimino, 59, of Philadelphia, Pennsylvania, the director and chairman of the board for Sure Trace Security Corporation (SSTY), and Repko, 63, of Hobe Sound, Florida, SSTY's chief financial officer and president, were arrested today on a criminal complaint charging them with conspiring to commit mail fraud by paying kickbacks to a pension fund fiduciary to induce the fiduciary to misappropriate money from a pension fund in order… [read post]
5 Jun 2012, 8:14 am
Michael Cimino and Joseph Repko, 12-2733-MJ-GARBER Cimino, 59, of Philadelphia, Pennsylvania, the director and chairman of the board for Sure Trace Security Corporation (SSTY), and Repko, 63, of Hobe Sound, Florida, SSTY's chief financial officer and president, were arrested today on a criminal complaint charging them with conspiring to commit mail fraud by paying kickbacks to a pension fund fiduciary to induce the fiduciary to misappropriate money from a pension fund in order… [read post]
5 Jun 2012, 7:37 am
It is a start, but we need to continue to push hard for more progress,” says David Allgood, executive vice president and general counsel of Royal Bank of Canada, and treasurer of ACC’s global board of directors. [read post]
3 Jun 2012, 12:09 pm
The Board of Directors and staff of the American Civil Liberties Union are deeply saddened by the passing of our dear colleague and friend, Marion Sandler. [read post]
1 Jun 2012, 12:59 pm
Sidney Wolfe, director of a not-for-profit public interest group in Washington D.C. called Public Citizen, wrote a letter to the director of the California Medical Board indicating that an analysis of the National Practitioner Data Bank revealed some startling information. [read post]
30 May 2012, 9:00 pm
The direct participation by political parties in the supervisory board and board of directors increases the influence from politicians. [read post]
30 May 2012, 1:37 pm
Rost was a Vice President, Marketing and Managing Director for Wyeth, responsible for the Nordic region in Europe.Dr. [read post]
30 May 2012, 11:51 am
A securities holding company must file the form with the responsible reserve bank, as determined by the Director of Banking Supervision and Regulation at the Fed. [read post]
