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31 Jul 2023, 12:15 pm by Erin K. Bartlett
The Federal Energy Regulatory Commission (“FERC”) recently affirmed its prior determination that where an investor’s non-independent director is appointed to the board of a public utility or public utility holding company, that appointment rebuts the presumption of a lack of control between the entities, such that the investor and public utility should be deemed “affiliates” under section 35.36(a)(9)(v) of FERC’s regulations. [read post]
16 Feb 2011, 4:04 am by J Robert Brown Jr.
  The court in Airgas was locked into the reasoning by the Supreme Court in Selectica that held that poison pills were not to be given a more searching review even when the company had in place a staggered board. [read post]
15 Mar 2022, 2:30 am by Jani Ihalainen
 At the beginning of its decision, the Review Board accepted that the works were indeed created by AI without any creative contribution from a human actor. [read post]
15 Mar 2022, 2:30 am by Jani Ihalainen
 At the beginning of its decision, the Review Board accepted that the works were indeed created by AI without any creative contribution from a human actor. [read post]
20 Aug 2008, 7:39 pm
Thus, a board that is negligent cannot be held liable for a bad decision when its company has a director exculpation provision in its charter. [read post]
1 Dec 2021, 5:49 am
Rossette—i.e., situations where there could be both direct claims litigable by stockholders and derivative claims subject to control of the company’s board, and in UFCW Union & Participating Food Industry Employers Tri-State Pension Fund v. [read post]