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25 Aug 2009, 12:29 pm
CalPERS and many investors called for allowing at least two shareholder nominees, regardless of board size, pointing out that a single dissident director can be more easily shunned by a recalcitrant board. [read post]
24 Aug 2009, 3:02 pm
The Missouri State Board of Embalmers and Funeral Directors meets August 25th to vote on emergency rules that are intended to keep the preneed industry functioning when SB1 goes into effect on August 28th. [read post]
18 Aug 2009, 6:18 am
Kirby Professor of Investment Banking Fuqua School of Business Professor of Law Duke University J. [read post]
17 Aug 2009, 7:55 am
The entire Reader's Digest Association's board of directors, except for CEO Mary Berner, has resigned.The Pleasantville, N.Y. [read post]
17 Aug 2009, 6:51 am
Specifically, firms' boards of directors and supervisory boards must play an active role in the design, operation, and evaluation of compensation schemes. [read post]
17 Aug 2009, 4:00 am
Bradley later became board director of the Greater Orlando Aviation Authority. [read post]
15 Aug 2009, 12:11 pm
According to an administrative law judge, the law allowed the SEC to sanction former employers that had worked for different entities, but not an ex- SRO director or officer. [read post]
12 Aug 2009, 2:02 pm
At the July 7, 2004 meeting of the board of directors, the board determined that the fair market value of Trados’ common stock was $0.10 per share. [read post]
12 Aug 2009, 8:22 am
Directors appointed to Newco's interim board are likely to become named defendants in any future lawsuit regarding the transaction, whether the plaintiff is a consortium member, one or more of the financing banks, or the target company or its shareholders. [read post]
11 Aug 2009, 8:00 am
The amount of compensation is a discretionary decision by the board of directors and is tested under the board's fiduciary obligations. [read post]
10 Aug 2009, 12:00 pm
"The Ocelot tenants and their advocates are tremendously grateful to the Department of Housing Preservation and Development for working so diligently to find a long-term preservation outcome for these buildings," said Dina Levy, Director of Organizing and Policy for the Urban Homesteading Assistance Board. [read post]
6 Aug 2009, 7:47 am
The court confirmed there is no per se rule that directors must adopt a particular defensive measure in response to an accumulation of shares. [read post]
5 Aug 2009, 7:49 pm
In other words, the banking regulators will encroach upon the prerogatives of each bank's board of directors. [read post]
4 Aug 2009, 12:12 am
The Company Law Board in Kishor Kundan Sippy v. [read post]
1 Aug 2009, 7:32 pm
Landry, III, in Lafayette, Lousiana, appeared to be an outstanding paralegal, citizen and community organizer, the first woman from Louisiana elected to the board of directors for the National Association of Commissions for Women, and even serving as the new president of The Lafayette Commission on the Needs of Women, until shortly after she was charged last week with multiple felonies, including bank fraud, theft and forgery, and was removed from the board.In her first… [read post]
1 Aug 2009, 9:20 am
In response to the offer, the company formed a Special Committee of independent directors to evaluate the offer and consider any alternative proposals. [read post]
30 Jul 2009, 1:44 pm
The attorney general shall designate an assistant attorney general as the director of the open government division. [read post]
30 Jul 2009, 12:48 pm
Shareholders are not the only important corporate constituency to consider in setting corporate governance rules for banks. [read post]
30 Jul 2009, 6:04 am
Sir David said "These proposals are designed to improve the professionalism and diligence of bank boards, increasing the importance of challenge in the board environment. [read post]
29 Jul 2009, 2:47 pm
• Failure to Observe Corporate Formalities – Examples of failing to observe corporate formalities include failure to (1) appoint the required number of officers, (2) issue stock, (3) file tax returns, (4) hold annual shareholders and board of directors meetings, (5) keep a minute book, (6) act through resolutions and (7) create a corporate bank account. [read post]
