Search for: "All Board of Director Members of each corporation"
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22 Jan 2023, 6:59 pm
The Supreme Court held that the Sole Member Board and not the board of the general partner was the appropriate entity to make the acceptability determination and had the ultimate authority to cause the call right to be exercised. [read post]
3 Nov 2021, 1:38 pm
Rather, companies buy D&O Insurance to protect their directors and officers against the liability claims – that is, against the very kinds of claims the plaintiffs in these cases have asserted against the various companies’ board members. [read post]
29 Oct 2010, 4:43 pm
Echo Energy had retained the firms prior to a changeup of the Board of Directors, where individuals whose opposition to the previous Board regime could be described as "contentious" took control of the Board. [read post]
23 Oct 2012, 1:08 pm
Defined in partnership agreement) Members or Managers (defined in operating agreement) Board of directors (elected by shareholders). [read post]
16 Jul 2009, 2:37 am
The nightmare scenario suggested in the Peregrine Systems settlement, where outside directors may have been required to contribute massive amounts out of personal assets to extricate themselves from litigation arising from their service as directors, together with the availability of alternative insurance products that could address their exposure, are the reasons why I contend that outside board members should retain and consult an independent… [read post]
17 Aug 2015, 12:57 pm
That dismissal involved a discussion of whether a shareholder has standing to bring a direct claim against a member of a board of directors. [read post]
10 Sep 2012, 9:18 am
Pacifica’s corporate structure enables the national Board of Directors to delegate specific duties and responsibilities to an LSB [Local Station Board] at each of their five stations to oversee local matters. [read post]
25 Sep 2009, 2:54 am
” Q: Is it correct that no board member can sit more than 2 - 3 year terms? [read post]
10 Aug 2020, 8:00 am
By Amanda Maine, J.D.The Universal Proxy Working Group (UPWG), which bills itself as an informal committee of market participants seeking to optimize proxy voting logistics for non-exempt solicitations in connection with contested corporate director elections, has submitted a letter to the SEC outlining its observations on universal proxy cards. [read post]
7 Sep 2006, 10:01 pm
With a good reason: a board can not function if its members do not trust each other. [read post]
3 Sep 2011, 5:48 am
Alternatively, if the Board of Directors issued fifty (50) shares to one person and fifty (50) shares to another person, then each person will own 50% of the Corporation. [read post]
26 Jul 2022, 2:53 pm
Frank Hülsberg is a Chartered Accountant and Tax Advisor in Düsseldorf, Partner Advisory and Member of the Executive Board at Grant Thornton AG Wirtschaftsprüfungsgesellschaft in Germany, and Burkhard Fassbach is a D&O-lawyer in private practice in Germany. [read post]
22 Sep 2019, 9:00 am
It is this principle that guides the California Medical Board (CMB) in its ongoing, and intense, close scrutiny of MSO payment arrangements. [read post]
17 Dec 2018, 8:40 am
Coal Corporation. [read post]
1 Feb 2013, 7:59 pm
All of this is inconsistent with traditional notions of the role of law, the scope of corporate governance and the nature of corporate social responsibility int he United States. [read post]
24 Aug 2023, 1:49 pm
William’s innocence,” said Tricia Rojo Bushnell, executive director of the Midwest Innocence Project, which represents Mr. [read post]
15 Nov 2009, 10:16 am
Directors and officers face liabilities Rogers also describes the growing specter of board member liability for failure to adequately manage and oversee their companies. [read post]
19 Jul 2023, 6:31 am
In this framework, if a corporation, its board of directors and its CEO and management team are diligently pursuing well-conceived strategies that were developed with the participation of independent, competent and engaged directors, and its operations are in the hands of competent executives, investors will support the corporation and resist the call of short-term financial activists seeking to force short-term value enhancements without regard to… [read post]
19 Jul 2023, 6:31 am
In this framework, if a corporation, its board of directors and its CEO and management team are diligently pursuing well-conceived strategies that were developed with the participation of independent, competent and engaged directors, and its operations are in the hands of competent executives, investors will support the corporation and resist the call of short-term financial activists seeking to force short-term value enhancements without regard to… [read post]
30 Jul 2018, 3:29 am
Their shareholders’ agreement includes provisions that: guarantee each of them a seat on the two-member board of directors and appoint each as co-president; prohibit their removal from the board with or without cause; in the event of death, disability, or resignation, authorize the vacant board seat to be filled by the departing shareholder’s child; require majority (i.e., effectively unanimous) board… [read post]
