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8 Feb 2023, 5:01 am
Which is precisely what my new book, The Profit Motive: In Defense of Shareholder Value Maximization, does. [read post]
8 Feb 2023, 4:30 am
That same government brief does an excellent job showing why most of the states lack standing. [read post]
7 Feb 2023, 9:05 pm
The FY 2022 feport does not. [read post]
7 Feb 2023, 12:09 pm
No Registered Agent for 30 Days The Delaware Division of Corporations will void a Delaware LLC if the company does not have a registered agent assigned in the state’s public database for more than 30 days. [read post]
7 Feb 2023, 10:49 am
But the rest of 2022 was a different story: famous CEOs and corporate founders saw huge losses as the stock market had a bad year. [read post]
7 Feb 2023, 6:58 am
The injured worker’s death does not bar the worker’s legal claim for justice against those whose wrongdoing caused the fatality. [read post]
7 Feb 2023, 6:30 am
Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]
7 Feb 2023, 6:30 am
Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]
7 Feb 2023, 6:12 am
Or does it merely reflect a more thorough analysis of the requirements for a derivative action. [read post]
7 Feb 2023, 5:27 am
What does that look like to you? [read post]
7 Feb 2023, 5:00 am
Dollar General Corporation, No. 2:-21-CV-01177-MJH (W.D. [read post]
7 Feb 2023, 4:29 am
The trial judge recently rejected FedEx's motion to reduce the punitive verdict as excessive and a violation of its due process rights.In her lawsuit, Harris pointed to three corporate deficiencies that she claimed supported her entitlement to punitive damages:"FedEx hires HR personnel who are not qualified to follow policies prohibiting discrimination and retaliation. [read post]
7 Feb 2023, 3:30 am
State lawmakers have instead prioritized income tax cuts, which yield more economic benefit, reducing individual or corporate income tax rates (or both) in two dozen states in the past two years alone. [read post]
7 Feb 2023, 3:03 am
While ComplexDiscovery regularly highlights this information, it does not assume any responsibility for content assertions. [read post]
6 Feb 2023, 9:05 pm
It is based on their recent paper “Does ESG Information Impact Individual Investors’ Portfolio Choices? [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]
6 Feb 2023, 6:57 pm
Corporate Transparency Regulations The Corporate Transparency Act will become effective on January 1, 2024. [read post]
6 Feb 2023, 2:12 pm
While ComplexDiscovery regularly highlights this information, it does not assume any responsibility for content assertions. [read post]
6 Feb 2023, 1:37 pm
It is noteworthy that the PRA does not provide any cause of action against the agency on the ground that the agency made errors on its estimate.[11] The most that can happen is that if the OMB does not approve it, the agency is unable to enforce the regulation.[12] What types of costs, then, would not be included in the SEC’s paperwork burden estimate? [read post]
6 Feb 2023, 11:28 am
While data protection does stem from the right to privacy, it mainly focuses on ensuring that data has been fairly processed. [read post]
