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16 Feb 2018, 2:10 pm by Jordan Brunner
William Ford posted the Fourth Circuit’s ruling in IRAP v. [read post]
7 Feb 2018, 4:29 am by Andrew Lavoott Bluestone
The Bank, relying on the Financial Statement, conducted a Preemptive Rights Offering (the PRO) in which it sold stock to its shareholders – including the individual plaintiffs (the Shareholder Plaintiffs), some of whom were on the Bank’s board of directors. [read post]
1 Feb 2018, 5:55 pm by Kevin LaCroix
Supreme Court has recently agreed to resolve this matter, in the case of Cyan, Inc. v. [read post]
1 Feb 2018, 10:52 am
This from Sandrine Giroud, Partner at LALIVE in Geneva:I am proud to announce that the Geneva Bar Association includes as of today the role of lawyers in the protection of human rights in its Professional Code of Conduct in accordance with the UN Guiding Principles on Business and Human Rights. [read post]
29 Jan 2018, 11:28 pm by Kevin LaCroix
Director of the SEC Enforcement Division from 1974 to 1981; general counsel to the Central Intelligence Agency from 1981 to 1986; and U.S. [read post]
19 Jan 2018, 6:30 am
Chen (University of Pennsylvania), on Friday, January 12, 2018 Tags: Board composition, Board monitoring, Board performance, Boards of DirectorsDirector qualifications, Firm performance, Shareholder voting What the New Tax Rules Mean for M&A Posted by Deborah L. [read post]
16 Jan 2018, 1:13 pm by Elizabeth A. Khalil
In addition to the scheduled events mentioned here, there are a number of issues that merit watching but that do not have a fixed date for developments to take place: ACA Internat’l v. [read post]
11 Jan 2018, 4:18 pm by Kevin LaCroix
A recent derivative action brought by a shareholder of a company against its director for breach of duties, in the matter of Rajeev Saumitra v. [read post]
10 Jan 2018, 12:29 pm by Garrett Hinck
Robert Chesney and Steve Vladeck provided a primer on the merits issues in ACLU v. [read post]
4 Jan 2018, 11:16 am by Jordan Brunner
Others considering the idea of using the the technology include the Bank of England and the People’s Bank of China. [read post]
26 Dec 2017, 5:00 am by John Jascob
The gist of the shareholders’ Caremark theory was that Citigroup’s officers and directors ignored red flags (the complaint said the board “sat like stones growing moss”) that should have alerted them to serious misconduct on the part of the bank. [read post]
15 Dec 2017, 6:13 am
Wang (Harvard Business School), on Wednesday, December 13, 2017 Tags: Airgas v. [read post]