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27 May 2008, 9:34 pm
Moreover, as Professor Thompson points out, federal and state law have come to rely heavily on independent boards, and hence his proposal may be viewed as an extension of that reliance. [read post]
31 May 2015, 10:21 am
WESTWOOD GARDENS HOMEOWNERS ASSOCIATION, INC., a Florida corporation not-for-profit, Appellee. 4th District.Torts -- Conspiracy -- Fraudulent transfers -- Action by shareholder and creditor of corporation alleging that defendants improperly transferred assets to another corporation, which did not pay reasonably equivalent value in exchange for the assets -- Trial court erred in entering summary judgment for corporate defendant on count alleging fraudulent transfer… [read post]
21 Oct 2020, 4:02 pm
Those criticisms included (but were not limited to) an attack both on the ICO’s reliance on an unpublished quantification policy, which reliance BA claimed was unlawful (§7.57(b)) and on its reliance on a turnover-based approach (§7.57(c)). [read post]
15 Sep 2014, 4:26 am
As the litigation wave arrived following the global financial crisis, many financial institutions were hit with multiple suits that arrived piecemeal and over time. [read post]
20 Mar 2017, 3:22 am
The Court continued: “This is especially the case where, as here, the parties have an expectation of marriage, and a bond of mutual trust and reliance. [read post]
31 May 2011, 5:08 pm
” The complaint attempts to use the negative say on pay vote to try to avert the defendants’ reliance on the business judgment rule. [read post]
5 Dec 2023, 3:30 am
Issuers should also consider industry-specific and geography-specific developments, for example: – Issuers in the entertainment and media space should consider the impacts related to the recently resolved SAG-AFTRA and WGA strikes; – Issuers in the transportation industry should consider the financial and other impacts stemming from the United Auto Workers strike and related salary increases; – Issuers in the residential real estate space should consider the impacts of the… [read post]
12 Feb 2015, 10:33 am
Plaintiffs were done in on this claim on summary judgment because they could not show justifiable reliance. [read post]
3 Jun 2010, 1:56 am
It is interesting to note that in his discussion of the responsibility of corporate officers to prevent fraud, Judge Quackenbush invoked both concerns about executive compensation and about the possible role of corporate officials in the financial crisis, suggesting a judicial context within which the activities of corporate officers may be viewed, even in the absence of allegations that the officers whose conduct is at issue received disproportionate… [read post]
27 Aug 2020, 8:07 am
This could lead to banks’ reliance on a few non-EU service providers and possible concentration issues at both entity and systemic levels. [read post]
19 Apr 2013, 1:30 pm
As the Court pointed out, the tort of fraudulent misrepresentation has its roots in common law deceit, a narrow tort limited to business and financial transactions. [read post]
27 Sep 2019, 5:26 am
U.S. officials worry that reliance on Chinese drones creates risks for American critical infrastructure, though the U.S. [read post]
30 Apr 2018, 9:01 pm
Is reliance by entrustors necessary to impose limits on the self-interested actions of the fiduciary? [read post]
11 Jul 2019, 2:23 pm
Mine owners may continue to look at their interactions with their regulator to assess whether there is another party who may have responsibility to help allay their financial losses [read post]
26 Dec 2019, 7:10 am
The guidance provides, as an example, that disclosure may be necessary in management’s discussion and analysis, the business section, legal proceedings, disclosure controls and procedures, and/or financial statements.Sources of risk. [read post]
6 Mar 2018, 12:00 am
The primary materials for this case may be found on the DU Corporate Governance website. [read post]
16 Aug 2007, 5:20 am
A copy of the brief can be found at the DU Corporate Governance web site. [read post]
23 Feb 2012, 10:27 am
The SEC’s complaint seeks a final judgment ordering the senior officers to disgorge their ill-gotten gains plus prejudgment interest, imposing financial penalties, barring them from acting as officers or directors of a public company, and permanently enjoining them from committing future violations of these provisions.The SEC also said that the company’s outside auditor during the time of the events sent the company a letter resigning from the engagement and stating that further… [read post]
27 Jun 2021, 5:55 pm
The International Organization of Securities Commissions (IOSCO) plans to publish guidance for raters of corporate ESG performance in July. [read post]
27 Sep 2010, 4:15 pm
On the other hand, the right pushes for deregulation no matter the record of negligence and active harm caused by reliance on so-called industry self-regulation or the harm that ensues from inadequate prudential behavior, which we so amply witnessed in the financial meltdown and broader economic crisis of the Great Recession. [read post]
