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29 Mar 2011, 12:33 pm
Id.GSK held its Delaware board meetings, not at its office, but at a local Wilmington bank. [read post]
28 Mar 2011, 7:06 am
The disclosure in the proxy statement give some indication of some of the defenses likely to be raised, such as these extracts: Background of the Merger In order to enhance the confidentiality of the process by reducing the number of financial institutions involved before the board of directors determined whether to proceed with a formal sale process, the board of directors determined not to allow potential purchasers to disclose information to possible equity… [read post]
26 Mar 2011, 4:55 am
Keep moving up to department heads all the way to C-level officers and the board. [read post]
24 Mar 2011, 7:00 am
” [6] The presumption would also apply in cases where the senior executive officer is found to be liable by a court or tribunal for having breached his or her duty of loyalty to the covered financial company, or if the FDIC removed the senior executive or director from the management or the board of directors, as applicable, of the covered financial company. [read post]
24 Mar 2011, 3:45 am
This became known to the Port's board of directors and the commissioners of the municipality of Rotterdam when the RDM subsidiaries went bankrupt and their remaining activities appeared to be insufficient to cover the loans. [read post]
24 Mar 2011, 2:45 am
Alberto Gonzalez-Pita, ACC Board Chair and Executive Vice President & General Counsel of HCP, Inc. [read post]
23 Mar 2011, 5:50 pm
(Georgia's Kayrita Anderson sits on the board of the Women's Funding Network.) [read post]
22 Mar 2011, 6:32 am
Like failed banks, the D'Oench, Duhme doctrine applies to claims against the National Credit Union Administration Board ("NCUAB") acting as liquidator for a failed credit union. [read post]
22 Mar 2011, 6:03 am
One served as vice chairman of the board of directors, a member of the bank's loan committee, as president of the bank, and later as acting chairman and CEO. [read post]
21 Mar 2011, 12:34 pm
NASDAQ added a requirement for business combinations to be approved by a majority of the independent directors as well as stockholders. [read post]
21 Mar 2011, 3:06 am
(Spicy India) The plagiarism parampara and the guru-shishya tradition (Spicy IP) Supreme Court stays Copyright Board compulsory licensing order (Spicy IP) Parallel imports, exports and access to education: A numbers game (Spicy IP) ‘Soundbox’ carries interview with Javed Akhtar on the story behind the Copyright Amendment Bill, 2010 (Spicy IP) Trademark infringement: No confusion just dilution: T.V Venugopal v. [read post]
20 Mar 2011, 9:12 am
Programming matters have included:advice and document preparation regarding community produce gleaning and local food branding programs;development of applications, liability releases and policies for program participants and volunteers; and,revision of contracts used by food banks with satellite food distribution sites. [read post]
19 Mar 2011, 11:59 pm
Mustakeem serves on the Boards of Directors for Grady Memorial Hospital and Zoo Atlanta, among others. [read post]
19 Mar 2011, 3:43 pm
Fed governors, like the CFBP Director can be removed from office by the President for cause: "inefficiency, neglect of duty, or malfeasance in office. [read post]
18 Mar 2011, 7:31 am
The AP story says: “The FDIC’s board has approved 158 civil lawsuits against 158 bank executives, employees and directors, seeking to recoup about $2 billion in bank losses that the regulators say were the result of negligence or misconduct. [read post]
18 Mar 2011, 2:02 am
In this March 14, 2011 posting, I wrote about Oak Valley Bancorp’s unsuccessful attempt to exclude a shareholder proposal requesting that the bank’s board of directors take the necessary steps to provide cumulative voting in the election of directors. [read post]
17 Mar 2011, 2:56 pm
The FDIC recently updated the Professional Liability Lawsuits page on its website (here) to show that the FDIC’s board has approved lawsuits against 158 individual directors and officers of failed banks. [read post]
17 Mar 2011, 1:10 pm
Liu Guoning, the news department director at the National Bureau of Statistics, referred questions about criticisms back to the announcement on property data revisions. [read post]
17 Mar 2011, 9:59 am
Bjorklund (California-Davis) and Valerie Hughes (Legal Affairs Director, World Trade Organization). ? [read post]
16 Mar 2011, 9:00 am
Click here for the full Sutherland publication. [1] This is not a reference to a money center or a “too-big-to-fail” bank, but instead to a bank not lacking in confidence. [2] See Sutherland’s March 8, 2011 Legal Alert, “The Consumer Financial Protection Bureau: Structure, Mission and Limitation of Authority Prior to the Appointment of a Director,” for further discussion of the authority of the Bureau prior to the confirmation of a… [read post]
