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21 Feb 2010, 5:51 am by Adrian J. Adams, Esq.
ANSWER: Yes, reserve expenditures need board approval and all transfers require the signatures of two directors. [read post]
The incumbent group sought to amend EMAK’s by-laws to reduce the size of the board, thereby effectuating the dismissal of certain sitting directors, mooting the insurgents’ attempt to elect new directors, and ensuring a majority position for the large preferred stockholder. [read post]
18 Feb 2010, 8:47 am
  These projects have reached out to 12 different organizations in 9 different cities across the country The next project on the public service agenda will occur next week at the DRI Board of Directors Winter Board Meeting in Orlando. [read post]
18 Feb 2010, 8:00 am by J. Robert Brown
  In other words, officers and directors are kept in check by the banks, not the independent directors. [read post]
17 Feb 2010, 2:30 pm by James Hamilton
This will ensure that Congress is kept apprised of the overall picture of the financial markets.The Institute would be headed by a Director appointed by the President for a 15-year term and a board of directors composed of the Treasury Secretary and the Chairs of the SEC, CFTC and other federal financial regulators. [read post]
17 Feb 2010, 1:29 pm
16 February 2010 -- Actis announced today that it has invested US $50 million to acquire a substantial minority stake in Integreon, the leading global provider of legal support, research and business services to law firms, financial institutions and corporations.As part of this investment, JM Trivedi, Actis’s Head of South Asia, and Gautham Radhakrishnan, a Director at Actis, will join Integreon’s board of directors.Actis has invested alongside Ayala Corporation, the… [read post]
17 Feb 2010, 5:22 am by Maxwell Kennerly
Air Products filed a complaint on Thursday in Delaware's Chancery Court against Airgas, claiming that the smaller company improperly blocked its board of directors from considering previous Air Products takeover offers. [read post]
17 Feb 2010, 5:00 am by J Robert Brown Jr.
When the Commission inked the settlement with Bank of America (yet to be approved by Judge Rakoff), it included some corporate governance reforms. [read post]
16 Feb 2010, 5:00 am by J Robert Brown Jr.
  Shouldn't the audit committee definition be applied to all of the required committees of the board (nominating, compensation and audit), to ensure greater director independence? [read post]
16 Feb 2010, 4:31 am by Broc Romanek
He does say that a bylaw that would reduce the size of the board at an annual meeting could effectively end the term of directors not reelected at that meeting. [read post]
16 Feb 2010, 1:03 am by Kevin LaCroix
  Layne Sapp had been the sole director, chief executive officer and majority shareolder of MILA, Inc., a mortgage brokerage firm. [read post]
14 Feb 2010, 1:54 pm by Kenneth Vercammen NJ Law Blog
The transfer of intangible personal property such as stocks,bonds, corporate securities, bank deposits and mortgagesowned by a nonresident decedent is not subject to the NewJersey Inheritance Tax.3. [read post]
11 Feb 2010, 11:17 pm by charonqc
” It would appear that the banking sector is getting back to usual best practices? [read post]
11 Feb 2010, 7:12 am by velvel
Over the weekend didn’t contact DTC.23, 27, 41 FINRA/NASD regarding is he trading.24, 25 SEC superiors sometimes called a halt.26 Should have contacted custodians.28 Representing that he no longer uses options.28, 29 Ignoring non insiders; not following tips.31, 34, 35, 36, 37 Suh’s amazing failure to understand the necessary role of banks.31, 32 Learning from NASD he had not held options on relevant days.32 Many on Wall Street were dubious.35 … [read post]
11 Feb 2010, 4:37 am by Broc Romanek
Thus, if you hold your shares in street name and you do not instruct your bank or broker how to vote in the election of Directors, no votes will be cast on your behalf. [read post]