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1 Apr 2024, 3:00 am
Feb. 23, 2024), to provide that a corporation may enter into governance agreements with stockholders and beneficial owners where the corporation agrees, among other things, to restrict itself from taking action under circumstances specified in the contract, require contractually specified approvals before taking corporation action, and covenant that it or one or more persons or bodies (which persons or bodies may include the board or one or more current or future… [read post]
31 Mar 2024, 10:29 pm
Power Ventures, Inc., 844 F.3d 1058 (9th Cir. 2016), the court observed that a corporate officer can be personally liable when he or she is the “guiding spirit” behind the wrongful conduct, or the “central figure” in the challenged corporate activity. [read post]
31 Mar 2024, 9:05 pm
To overcome this concern, corporate law should feature a divestment sunset as a default rule. [read post]
31 Mar 2024, 9:01 pm
Then, on March 21, 2024, the Federal Deposit Insurance Corporation (FDIC) published a Proposed Statement of Policy on Bank Merger Transactions(FDIC SOP) that similarly summarizes the principles the FDIC considers when evaluating whether the statutory factors under the BMA are met. [read post]
31 Mar 2024, 9:01 pm
In a Jan 23 warning letter, the FDA described an Aug. 29-31, 2023, Foreign Supplier Verification Program (FSVP) inspection of Mexpobaja Corporation in Oakland, CA. [read post]
31 Mar 2024, 4:00 am
Judicial oversight would also remove the decision of whether to reveal information — and how much to reveal — from private corporations and return it to the purview of the Charter. [read post]
30 Mar 2024, 12:41 pm
Ct. 1977) ("public benefit corporation organized under the provisions of the Regional Off-Track Betting Corporation Law of the State of New York"); Beedle v. [read post]
30 Mar 2024, 9:37 am
” These outlets include the British Broadcasting Corporation (BBC), The Guardian, The Washington Post, The New York Times and Bloomberg. [read post]
30 Mar 2024, 6:53 am
For eDiscovery professionals, this narrative is not just a tale of environmental progress but one that highlights the evolving landscape of legal compliance, corporate governance, and data management. [read post]
30 Mar 2024, 6:30 am
Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here) by Lucian A. [read post]
30 Mar 2024, 6:30 am
Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here) by Lucian A. [read post]
30 Mar 2024, 6:29 am
If the named insured is a corporation, association, partnership, sole proprietorship, or similar, officers, employees, or partners who regularly use the described automobile are covered, along with their spouses and dependent relatives.The coverage does not apply if the insured person owns or leases the other vehicle for more than 30 days unless there is family protection coverage in force on that other vehicle. [read post]
30 Mar 2024, 6:00 am
Common to these constitutional, administrative, and corporate law cases is unpredictability, uncertainty, and incoherence in the use and application of substantive standards of review. [read post]
29 Mar 2024, 9:05 pm
” Just as states permit individuals to enter into agreements with other people and corporations, Barnes argues that states should recognize cohabitation contracts. [read post]
29 Mar 2024, 7:28 pm
The alignment of the spheres of politics, law, and economic activity--subsumed within the overarching principles of international human rights--requires a refocus of the enterprise of business and human rights as a legal-policy matter from the State duty to protect human rights to the corporate responsibility to respect human rights. [read post]
29 Mar 2024, 3:31 pm
The Internal Revenue Service (IRS) is ramping up its efforts to prosecute individual and corporate taxpayers for fraud and other crimes. [read post]
29 Mar 2024, 3:24 pm
With additional resources at its disposal in 2024, the Internal Revenue Service (IRS) is ramping up its enforcement efforts—and this includes its efforts to hold individual and corporate taxpayers criminally accountable when warranted. [read post]
29 Mar 2024, 3:22 pm
Criminal tax audits present substantial risks for both individual and corporate taxpayers. [read post]
29 Mar 2024, 2:23 pm
29 Mar 2024, 12:20 pm
The subsequent publication of data in the public revealed a concerning pattern of funding by individuals and corporations to political parties, which also indicated unethical and illegal gains by the donors. [read post]