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In the press release, Black & Decker stated “[p]ersonal business relationships between individuals (as opposed to relationships with the company) generally are not relevant to the independence tests under the New York Stock Exchange rules because they do not create a material relationship between a director and the company. [read post]
3 Nov 2009, 3:38 pm by Sheppard Mullin
On November 2, 2009, the California Supreme Court handed down its decision in Schachter v. [read post]
3 Nov 2009, 3:38 pm by Sheppard Mullin
On November 2, 2009, the California Supreme Court handed down its decision in Schachter v. [read post]
28 Nov 2017, 3:50 am by Andrew Lavoott Bluestone
The Defalco Email does mention stock options in passing, but not in the portion of the email that discusses the tax treatment of stock “received in connection with employment. [read post]
13 Nov 2018, 6:38 am
Stock exchange rules and state corporate law often rely on the “independence” of a company’s board of directors as a mechanism for policing potential conflicts of interest that might arise between and among the company’s various constituencies. [read post]
24 Nov 2024, 10:00 pm
Partner John Kober authored an article for The Texas Lawbook discussing employee stock ownership plan and trust (ESOP) duties for company directors, which have taken on heightened significance as set forth in the Su v. [read post]