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3 Feb 2014, 4:13 am by Kevin LaCroix
The first complaint alleges claims for breach of fiduciary duty and waste of corporate assets. [read post]
24 Jan 2014, 12:57 am by Kevin LaCroix
In many jurisdictions, corporate officials sued for their actions undertaken in their corporate capacity may be able to defend themselves in reliance on the “business judgment rule. [read post]
24 Jan 2014, 12:57 am by Kevin LaCroix
In many jurisdictions, corporate officials sued for their actions undertaken in their corporate capacity may be able to defend themselves in reliance on the “business judgment rule. [read post]
14 Jan 2014, 1:01 am by Kevin LaCroix
For example, in June 2013 the Commission brought a settled action against PACCAR Inc. for having ineffective internal controls over the financial reporting process – without any allegations of fraud or intentional wrongdoing. [read post]
6 Jan 2014, 11:20 pm by Kevin LaCroix
Supreme Court’s 1988 decision in Basic, Inc. v. [read post]
26 Dec 2013, 5:29 pm by Cynthia Marcotte Stamer
A primary drafter of the Bolivian Social Security pension privatization law, Ms. [read post]
19 Dec 2013, 5:44 am by Adam Weinstein
  Giordano’s BrokerCheck states that he is the general manager of Giordano Asset Management LLC and treasurer of Giordano Holding Corporation. [read post]
18 Dec 2013, 7:09 am by Bankruptcy Attorney
 California law provides that that all partners hold partnership assets in trust. [read post]
12 Dec 2013, 10:14 am by Jay B. Gould
-based holding company with internal controls failures that led to the overvaluation of a fund’s assets and inflated fee revenue for the firms. [read post]
26 Nov 2013, 4:45 pm by Barry Sookman
The protection of intellectual property is an important element in promoting innovation and in supporting markets in the trade and dissemination of innovative and creative products and services.[1] Intellectual property is now a crucial asset, the ownership of which has become pivotal to corporations. [read post]
11 Nov 2013, 9:09 pm by Eugene Volokh
See Dayton Area Visually Impaired Persons, Inc. v. [read post]
11 Nov 2013, 3:39 am by Peter Mahler
Blankfein: Demand Not Excused The next case involving derivative claims and demand futility stems from investment bank Goldman Sachs Group, Inc. [read post]
4 Nov 2013, 9:46 am by Jane Chong
 Certainly, there are defenders of the status quo who argue that holding software providers liable for their code would raise costs and stifle innovation. [read post]
30 Oct 2013, 8:00 am by Geoffrey Rapp
  Unlike the mutual fund itself, the fund manager is typically a privately held entity. [read post]