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21 Sep 2016, 5:00 am
Related to this, the financial adviser might draft a “fairness opinion” to your company’s board of directors. [read post]
10 Nov 2010, 2:41 pm
Notable examples are AT&T, Weyerhaeuser and Bank of America. [read post]
28 Jun 2024, 7:12 am
Bear in mind that association directors and personnel may not be able to access buildings located in heavily impacted areas for days after a storm. [read post]
18 Dec 2015, 12:24 pm
Not all in Israel are on board with the rapprochement, however. [read post]
27 Apr 2017, 10:33 am
The first was the Gazette Notification issued by the Ministry of Finance stating that in the exercise of its powers conferred under section 26(2) of the Reserve Bank of India Act (RBI Act), the central government, on the recommendation of the Central Board of Directors of the Reserve Bank of India, had declared that banknotes of the existing series with the denomination of Rs. 500 and Rs. 1,000 shall cease to be legal tender from November 9, 2016. [read post]
20 Jan 2010, 10:36 am
The company’s board approved a 15 percent bylaw on Dec. 18. [read post]
23 Jul 2012, 12:14 am
It turns out that among other things, on June 1, 2008, then-New York Fed chair and current Treasury Secretary Timothy Geithner sent Mervyn King and Paul Tucker, the governor and executive director of markets at the Bank of England respectively, an email with a list of suggested “Recommendations for Enhancing the Credibility of Libor. [read post]
1 Apr 2009, 11:50 pm
After the January 11, 2008, announcement of Countrywide’s proposed merger with Bank of America Corporation (“BOA”), Countrywide stockholders brought an action seeking to enjoin the merger, alleging breach of fiduciary duties by the individual director-defendants of Countrywide and aiding and abetting charges against BOA. [read post]
15 Jan 2021, 2:29 pm
For example, an LLC Operating Agreement can provide for management by a “Board of Directors” or “Board of Managers” who then appoint officers. [read post]
7 Aug 2007, 5:15 am
SEC proposals to facilitate shareholder nomination of directors are now in a holding pattern, though court decisions are now separately addressing the issue. [read post]
1 Feb 2023, 12:49 pm
He recommended a unified board, with management and non-executive directors around the same table, and a chairman appointed by government. [read post]
9 Apr 2020, 9:05 pm
Banks that qualify for the community bank framework can more easily satisfy their risk-based and leverage capital regulatory requirements, enabling struggling banks to lend more of their resources during the pandemic. [read post]
Peter Madoff 10 Sentence For Defrauding ERISA Plans Reminder Manage Plan Investment Responsibilities
27 Dec 2012, 3:45 am
Peter Madoff (Madoff), the former Chief Compliance Officer and Senior Managing Director of Bernard L. [read post]
15 Oct 2011, 6:02 am
On October 11, 2011, the SEC brought a case against Thomas Wu, the former CEO of United Commercial Bank, for misleading investors regarding the financial state of the bank during the 2008 financial crisis (discussed here). [read post]
15 Oct 2011, 6:02 am
On October 11, 2011, the SEC brought a case against Thomas Wu, the former CEO of United Commercial Bank, for misleading investors regarding the financial state of the bank during the 2008 financial crisis (discussed here). [read post]
17 Jun 2010, 4:12 am
(Maryland became the first state earlier this year).According to the law, a company may identify in its articles of incorporation one or more public benefits with a standard of conduct laid out for a company’s board of directors to follow. [read post]
11 Jan 2008, 8:35 pm
The clause states that half of all directors must be independent. [read post]
27 Oct 2011, 6:47 am
But in a July 2008 call captured by the government, Gupta talked to Rajaratnam about a Goldman board discussion and a rumor that Goldman might try to buy a commercial bank, according to a transcript. [read post]
13 Jun 2014, 9:14 am
Some Committee members argued that the bill is moot, given Director Cordray’s recently announced open-door policy for advisory board meetings. [read post]
4 Jun 2018, 5:51 am
CLS Bank International, 573 U.S. __, 134 S. [read post]
