Search for: "General Motors Corporation Inc"
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28 Nov 2023, 5:24 am
General Motors Corp., 624 F.2d 1373 (5th Cir. 1980) Alexander v. [read post]
15 Nov 2023, 6:26 am
In addition, the SEC obtained judgments from federal courts ordering: Danske Bank, a multinational financial services corporation, to pay a $178.6 million civil penalty to resolve charges that it misled investors about its anti-money laundering compliance program and failed to disclose risks posed by the program’s significant deficiencies; and Vale S.A. [read post]
14 Nov 2023, 9:01 pm
In addition, the SEC obtained judgments from federal courts ordering: Danske Bank, a multinational financial services corporation, to pay a $178.6 million civil penalty to resolve charges that it misled investors about its anti-money laundering compliance program and failed to disclose risks posed by the program’s significant deficiencies; and Vale S.A., a mining company and one of the largest iron ore producers in the world, to pay $55.9 million combined in a civil penalty,… [read post]
1 Oct 2023, 9:05 pm
In one case, involving General Motors (GM), 174 people died due to a faulty ignition switch in GM cars. [read post]
1 Aug 2023, 12:13 pm
USA, Inc. v. [read post]
16 Jul 2023, 10:41 pm
Major Transportation Services, Inc., a California Corporation, Baljinder S. [read post]
9 Jul 2023, 10:59 am
In a per curiam opinion joined by Judges Henderson, Pillard, and Pan, the Court in Intellistop, Inc. v. [read post]
5 Jun 2023, 4:56 am
Motors Corp., 129 AD2d 179 [1st Dept 1987], lv denied 70 NY2d 608 [1987] [“One of the abiding principles of the law of corporations is that the issue of corporate governance, including the threshold demand issue, is governed by the law of the state in which the corporation is chartered, in this case, Delaware”]; Matter of CPF Acquisition Co., Inc. v CPF Acquisition Co., Inc., 255 AD2d 200 [1st Dept 1998] [“Plaintiff’s… [read post]
30 Apr 2023, 4:00 am
Doyle Salewski Inc. in its capacity as Trustee in Bankruptcy of Golden Oaks, 2022 ONCA 509 (40399) Application of corporate attribution doctrine to Ponzi scheme. [read post]
23 Apr 2023, 5:53 am
Acamar Partners Acquisition Corporation is a SPAC that completed its IPO in February 2019. [read post]
10 Apr 2023, 2:13 pm
General Motors was fined $900 million in 2015 for concealing dangerous car defects. [read post]
8 Apr 2023, 6:30 am
Boxed, Inc., [1] the Delaware Court of Chancery held that a stockholder vote was invalid under Section 242 of Delaware General Corporation Law (“DGCL”) where a special purpose acquisition company (SPAC) had a multi-class stock structure and Class A and Class B stockholders voted together as a single class on charter amendments to increase the number of shares. [read post]
8 Apr 2023, 6:30 am
Boxed, Inc., [1] the Delaware Court of Chancery held that a stockholder vote was invalid under Section 242 of Delaware General Corporation Law (“DGCL”) where a special purpose acquisition company (SPAC) had a multi-class stock structure and Class A and Class B stockholders voted together as a single class on charter amendments to increase the number of shares. [read post]
3 Apr 2023, 5:45 am
Thus any book or record kept by a private corporation is subject to public exposure, and New York law requires these books to be accurate. [read post]
29 Mar 2023, 5:01 am
And in any event, regardless of whether any speaker interests are involved in an AI program's output, certainly readers can gain at least as much from what the program communicates as they do from commercial advertising, corporate speech, and speech by foreign propagandists. [read post]
27 Mar 2023, 9:01 pm
We review a number of significant developments in Delaware corporate law, including the Court of Chancery’s clarification of directors’ oversight duties, and the Delaware General Assembly’s expansion of Section 102(b)(7) of the Delaware General Corporation Law to include exculpation of officers for personal liability arising from breaches of the duty of care. [read post]
6 Feb 2023, 9:01 pm
Background Under Delaware corporate law, directors owe fiduciary duties of care and loyalty to the corporation that they serve.[2] Since the Caremark case, these duties have included an obligation for directors to exercise oversight by making a good faith effort to implement and monitor reasonable information and reporting systems and controls.[3] A director who (i) utterly fails to implement any reporting or information system or controls (a “prong 1” failure); or (ii)… [read post]
11 Oct 2022, 8:23 am
General Motors is another well known company which has formed over 1,500 subsidiaries in Delaware. [read post]
19 Sep 2022, 1:44 pm
Buick Motor Co. [read post]
7 Sep 2022, 5:23 am
"[19] Beyond this narrow holding, Healy, relying on Brown-Forman and earlier decisions, stated more generally that the "Commerce Clause . [read post]
