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16 May 2023, 8:21 am by Unknown
Neither CA100+ nor NZAM, said the state attorneys general, have obtained approvals from FERC.One group, CA100+ seeks for its members to adhere to its “Three Asks:” (1) strong corporate governance on climate change; (2) adherence to the goals of the Paris Agreement; and (3) adherence to the Task Force on Climate? [read post]
14 May 2023, 9:01 pm by renholding
On May 1, 2023, the Delaware Court of Chancery addressed an unsettled question under Delaware law—whether a fully informed, uncoerced vote of disinterested stockholders (so-called “Corwin cleansing”[1]) can be applied to defeat claims to enjoin defensive measures under Unocal Corp. v. [read post]
14 May 2023, 6:56 pm
" The analysis centers political ideology and its formal expression through law, regulation, guidance, and operational supervision (theory does matter in this context, perhaps a lot). [read post]
11 May 2023, 5:01 am by Nicholas Weigel
§ 1702(a)(1)(B), extends to “any property in which any foreign country or a national thereof has any interest by any person, or with respect to any property, subject to the jurisdiction of the United States. [read post]
11 May 2023, 2:32 am by centerforartlaw
In such cases, the question for the institution arises: does the Statute apply? [read post]
10 May 2023, 10:54 am by Peter S. Lubin and Patrick Austermuehle
Lanzit Corrugated Box Co., 20 Ill. 2d 208, 219 (1960) (“A director or officer of a corporation is forbidden to administer the affairs of the corporation for his private emolument. [read post]
10 May 2023, 4:00 am by Administrator
”[1] Courts have used that doctrine to create a rapidly-changing body of legal interpretation while, at the same time, the various levels of government create new laws and, as importantly, new regulations at a rate that taxes the brainpower of some of the country’s best lawyers. [read post]
9 May 2023, 9:01 pm by renholding
A low-cost alternative, if it materializes, may tempt smaller activists—perhaps including better-funded versions of the “issues” activists now plastering corporate boardrooms with various 14a-8 stockholder proposals—to nominate one or two directors to press their concerns in the boardroom.[1] However, Rule 14a-19 does not address the longstanding question of just what information the nominating stockholder should disclose to voting stockholders. [read post]
6 May 2023, 2:57 pm by Ilya Somin
Parcels on the peninsula, which also is home to Fort Trumbull State Park, have been vacant for almost 20 years. [read post]
6 May 2023, 2:49 pm by Steve Bainbridge
” As the plaintiffs in the pending litigation explained, “if the holders of just three APEs cast votes on a corporate proposal—say, two in favor and one against— ComputerShare [the depository agent] will cast votes for all of the nearly 1 billion outstanding APEs 2/3 in favor and 1/3 against, regardless of the number of votes actually cast. [read post]