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1 Dec 2014, 4:02 pm
The police process does not typically lead to financial recovery and, indeed, may not even lead to charges. [read post]
15 Nov 2011, 10:12 am
Eisner's failure to better involve the board in the process of Ovitz's hiring, usurping that role for himself, although not in violation of law, does not comport with how fiduciaries of Delaware corporations are expected to act. [read post]
7 Nov 2011, 8:54 am
McDermott Will & Emery has a nice discussion about the case, as does Law Firm Risk Managment Blog (IntApp). [read post]
4 Jul 2013, 9:00 pm
Without such a deed the subscriber does not acquire the registered shares. [read post]
21 Aug 2024, 9:05 pm
’s baseline one-share, one-vote corporate governance regime, coupled with beneficial share ownership and defacto voting power that are highly concentrated in the hands of the wealthiest 1 to 10 percent of households, would tolerate sacrifices of long-term corporate profits except under very limited conditions.[2] The view that the 2019 Business Roundtable Statement on the Purposes of the Corporation does not call for sacrificing profits is supported by… [read post]
18 Feb 2007, 7:37 am
Doesn't seem fair does it? [read post]
8 Mar 2011, 1:16 pm
§ 552), does not apply to corporations. [read post]
15 Jun 2010, 3:35 am
So, let’s see: BP wants to cap claims of liability, as does Massey Energy, Toyota, and Bayer. [read post]
31 Oct 2011, 4:00 am
What the AAJ's report does not mention is the compensation paid to the executives of the identified corporations. [read post]
29 Nov 2007, 12:52 am
Editor: How does the firm provide global accounting services in competing with larger firms? [read post]
15 May 2008, 8:16 pm
The goal of the False Claims Act is to send a warning message to the corporate community that stealing from the government does not pay. [read post]
4 Jan 2008, 7:26 pm
” The court stated that “the rule does not require the court to bless the conclusion of a director that is self-evidently nonsense on stilts, nor does it protect a board that looks into the sun and names it the moon. [read post]
29 Sep 2014, 2:22 pm
Miller said that this factor is often overlooked and receives insufficient attention when it comes to identifying culpable individuals: “Voluntary disclosure of corporate misconduct does not constitute true cooperation, if the company avoids identifying the individuals who are criminally responsible,” Miller said. [read post]
5 Sep 2007, 5:15 am
If the candidate does not get at least 25% of the votes cast, the 5% shareholder cannot nominate another candidate for four years. [read post]
26 Jun 2009, 2:59 am
But that does not mean that the various constituencies’ interests cannot be considered separately. [read post]
23 Jan 2024, 9:05 pm
When stockholders have to abide by norms mirroring those of the corporate board, at least in theory, the incentives and investment aims of corporate directors and shareholders should align. [read post]
6 Jun 2022, 5:24 pm
The various California cases on the issue rightly say that, generally, you shouldn't take away everything from the defendant -- though it bears mention that most of these involve corporations -- but they also say that sometimes, that's just fine. [read post]
19 May 2010, 5:03 am
On what basis does TransOcean make this claim? [read post]
29 Mar 2010, 2:00 am
Does this sound familiar... [read post]
26 May 2010, 8:26 am
Does any general counsel in the land truly not know this? [read post]
