Search for: "All Board of Director Members of each corporation"
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11 Apr 2023, 9:01 pm
If, for example, the super voting preferred stock is used to obtain approval for corporate action by holders of a minority of the stock and a court finds that the directors did not believe the action was in the best interests of the company and the common stockholders, or if directors had a conflict of interest in approving the issuance, board members may be subject to liability for breach of their duty of loyalty. [read post]
14 Aug 2007, 5:25 am
The Exxon board met 9 times in 2006, with total compensation for each non-management director ranging from $336,000 to $583,000. [read post]
18 Jan 2010, 10:42 pm
Radin, et al., The Business Judgment Rule: Fiduciary Duties for Corporate Directors 110 (6th ed. 2009). [read post]
6 Aug 2020, 2:44 pm
In each case, the complaints allege that the company’s boards lack any African American directors. [read post]
12 Apr 2011, 12:09 pm
It is not reasonable to ask a board of directors to consider each of those complaints as red flags requiring their inquiry. [read post]
3 Dec 2008, 5:00 pm
Consistent with this action, members of the GM Board of Directors will reduce their annual retainer to $1 for 2009. [read post]
7 Mar 2015, 11:51 am
Nonprofit corporations without members are governed by a self-perpetuating board of directors, while those with members usually have directors elected by the members. [read post]
20 Jul 2010, 6:26 pm
In such situations, obtaining information about a team member's productivity and appropriately rewarding each team member are very difficult and costly. [read post]
11 Sep 2010, 1:45 pm
(emphasis added) · A professional service limited liability company may provide professional services in more than one profession[8] provided that the company includes an "owner" (i.e., member, manager, shareholder, partner) licensed in each of the professions in which the company will offer services. [read post]
22 Apr 2010, 2:07 pm
Each will make corporate governance less effective. [read post]
24 Dec 2015, 4:00 am
What seems clear is that not all corporate lawyers are strategic, but many clients wish they were. [read post]
23 Nov 2010, 11:42 am
” The Court next stated that there is support for this interpretation of the charter in the “real world” practice and understanding of similar charter language of corporations with staggered boards as well as corporations who have de-staggered their boards. [read post]
16 Nov 2021, 9:40 am
Additionally, Nasdaq listed companies must disclose the gender, race/ethnicity, and sexual orientation its board members, based upon those directors’ self-identifications. [read post]
24 Sep 2012, 6:00 am
One such person was Bill Lytton, the 2002 chair of the ACC board of directors. [read post]
7 Feb 2010, 6:00 am
Each member could be sued and there will be no insurance to defend them or to pay any judgment. [read post]
11 Jul 2008, 2:13 pm
The money quote follows (no pun intended) with the court's reasoning that provides excellent guidance for anyone attempting to challenge the decision of board members to pay themselves large bonuses:Self-interested directorial compensation decisions made without independent protections, like other interested transactions, are subject to entire fairness review.FN92 Directors of a Delaware corporation who stand on both sides of a transaction… [read post]
2 Apr 2010, 6:15 am
The shareholders in turn elect a board of directors to oversee the business. [read post]
24 Aug 2012, 12:25 pm
Do not argue with the Board members or lose your temper. [read post]
18 Jul 2007, 12:55 pm
But those same corporations rarely ask existing Board members or Board of Director candidates to undergo similar testing. [read post]
13 Oct 2022, 3:35 am
In a manager-managed LLC, the members/owners leave the management of the company to professional managers, similar to a board of directors in a corporation. [read post]
