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11 Jun 2009, 7:27 pm
House Financial Services Committee Chairman Barney ("Boy George") Frank flew off the deep end this morning when CNCB's Mark Haines challenged the basis for Frank's argument that shareholders of banks and other businesses must have a right, mandated by federal law, to set executive compensation, a matter that is currently left to boards of directors. [read post]
11 Jun 2009, 6:15 am
A bank has $100 of assets financed by $90 of deposits and $10 of capital, of which $4 come from the bank's bondholders and $6 are equity; the bank's equity is in turn held by a bank holding company, which is financed by $2 from the bank holding company's bondholders and $4 of equity and has no other assets; and the bank manager is compensated with some shares in the bank holding company. [read post]
10 Jun 2009, 10:32 am
" More importantly, the board of directors can truly focus on the best interest of shareholders, not the CEO. [read post]
10 Jun 2009, 10:27 am
Plaintiff argued that only after property is dedicated by a resolution of the board of directors, must approval by the district or the legislature is obtained prior to conveyance. [read post]
8 Jun 2009, 7:32 pm
If I were a board member, I'd want to make certain.My correspondent is right to bring up the issue. [read post]
8 Jun 2009, 2:00 am
(Class 46) India Chennai IP Appellate Board: Well-known trademarks - consumer recollection is key: Societe des Produits Nestle SA v Jai ram (International Law Office) Bombay High Court rules on the infringement of copyright in drawings: Indiana Gratings Private Limited & Anr v Anand Udyog Fabricators Private Limited & Ors (Spicy IP) Is ‘science’ essential for creating patent lawyers: some ‘general’ thoughts (Spicy IP)… [read post]
8 Jun 2009, 2:00 am
(Class 46) India Chennai IP Appellate Board: Well-known trademarks - consumer recollection is key: Societe des Produits Nestle SA v Jai ram (International Law Office) Bombay High Court rules on the infringement of copyright in drawings: Indiana Gratings Private Limited & Anr v Anand Udyog Fabricators Private Limited & Ors (Spicy IP) Is ‘science’ essential for creating patent lawyers: some ‘general’ thoughts (Spicy IP)… [read post]
6 Jun 2009, 5:05 am
Rodgin Cohen, Sullivan & Cromwell LLP, HLS ‘68, for his work on bank rescues • Robert Joffe, Cravath, Swaine & Moore LLP, HLS ‘67, for his various independent director representations • Jeffrey Rosen, Debevoise & Plimpton LLP, HLS ‘78, for his work on Verizon Wireless’s acquisition of Alltel… [read post]
5 Jun 2009, 12:41 pm
Moving to address concerns from regulators that the bank's board lacks financial acumen, Bank of America plans to announce later Friday that its board has elected four new directors. [read post]
5 Jun 2009, 11:30 am
"We are pleased to partner with HPD and the Borough Presidents to support and protect homeowners during Homeowner Empowerment Month and beyond," said CNYCN Executive Director Mike Hickey. [read post]
3 Jun 2009, 4:09 pm
But it's true, and you can see it here.In case the link doesn't work, here's an url: http://www.banklawyersblog.com/3_bank_lawyers/2009/05/so-you-thought-being-a-bank-director-was-an-honor.htmlBy way of nothing but coincidence, several friends and associates of mine opened a bank or two in the last few years. [read post]
2 Jun 2009, 3:55 pm
FDIC's Board of Directors announces the formation of a new Advisory Committee on Community Banking. [read post]
2 Jun 2009, 9:12 am
Despots who do as they wish regardless of the wishes of employees and Boards of Directors are likely these days to rather quickly find themselves ruling not over France, but only over Elba. [read post]
1 Jun 2009, 11:15 pm
According to the Board of Medicine of the Department of Health Professions of Virginia, Rogatnick gave false information when applying for a medical license in Virginia in October 1998. [read post]
29 May 2009, 3:18 pm
Bank of America said Friday that its lead outside director, O. [read post]
29 May 2009, 8:51 am
The FDIC Board of Directors today approved establishing the FDIC Advisory Committee on Community Banking. [read post]
26 May 2009, 7:25 pm
Cochran owns and operates a 5,500-acre farm near Walla Walla, is a founding stockholder in the Bank of the West in Walla Walla and is a member of the Washington Association of Wheat Growers. [read post]
26 May 2009, 7:22 am
She was a general civil litigator involved in all facets of commercial work including, real estate, employment, banking, contracts, and agency law. [read post]
25 May 2009, 7:15 pm
According to an "unnamed source" within the FDIC, it's about to become the bulls-eye of FDIC target practice that seeks to score big returns to the Federal Deposit Insurance Fund from the D&O insurance carriers who issued policies covering failed banks' boards of directors and officers.The Federal Deposit Insurance Corporation is expected within weeks to start suing directors and officers of failed Atlanta banks, according to… [read post]
23 May 2009, 5:00 am
We excluded directors who did not serve on the board for all of fiscal year 2008 (because of retirement or mid-year appointment) and executives who served on the board. [read post]
