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26 Dec 2017, 5:00 am
The gist of the shareholders’ Caremark theory was that Citigroup’s officers and directors ignored red flags (the complaint said the board “sat like stones growing moss”) that should have alerted them to serious misconduct on the part of the bank. [read post]
21 Feb 2020, 7:01 am
Dickinson Law is pleased to announce its newly-elected Board of Directors. [read post]
21 Feb 2020, 7:01 am
Dickinson Law is pleased to announce its newly-elected Board of Directors. [read post]
12 Mar 2007, 5:30 am
By dismissing the challenge, the Chancery Court was able to dismiss the derivative suit on the basis of a board consisting of a majority of independent directors when it was aware of facts that would in fact suggest otherwise. [read post]
9 Feb 2011, 3:20 am
(As detailed here, the FDIC has to date filed four lawsuits against the directors and officers of failed banks as part of the current wave of bank failures.) [read post]
30 Mar 2018, 6:01 am
McIntosh, Wachtell, Lipton, Rosen & Katz, on Friday, March 23, 2018 Tags: Accountability, Boards of Directors, Corporate culture, Corporate Social Responsibility, Diversity, Environmental disclosure, ESG, Institutional Investors, Reputation, Shareholder proposals, Stewardship, Sustainability Toward a Horizontal Fiduciary Duty in Corporate Law Posted by Asaf Eckstein (Ono Academic College) and Gideon… [read post]
18 Sep 2021, 11:59 am
" As a consequence of the invocation of these accountability and audit mechanisms, and on the basis of a Report submitted by members of the Law firm of Wilmer Culter Pickering Hale & Dorr, "the Board of Executive Directors, World Bank Group management has taken the decision to discontinue the Doing Business report. [read post]
16 May 2021, 9:10 pm
Members of the outgoing board also set an exceptionally high bar for current board members, but they have generously also helped us develop the tools to reach it. [read post]
1 Dec 2022, 5:59 am
“Many Texans are facing serious economic hardships, including evictions and domestic violence situations, and simply do not have the funds to hire an attorney,” said TAJF Board of Directors Chair Deborah Hankinson in a press release. [read post]
16 Feb 2009, 1:45 am
" The FDIC is, according to the article, "struggling to deal with a miserable stew of failed real estate projects, vacant land, boarded-up houses and loans to defunct or bankrupt businesses. [read post]
5 Feb 2021, 2:29 am
Dickinson, Mackaman, Tyler & Hagen P.C. is pleased to announce its 2021 Board of Directors. [read post]
21 Mar 2024, 9:05 pm
Journal of Banking & Finance, 138, 106425. [read post]
1 May 2022, 9:01 pm
The SPAC board of directors will be required to state whether it reasonably believes that the de-SPAC transaction and related financing are fair to the SPAC’s unaffiliated security holders, and must provide the basis for its determination. [read post]
17 Nov 2014, 6:15 am
The provision at issue allows the lenders to declare an event of default and accelerate the debt in the event that a majority of the Healthways board during a period of 24 months is comprised of “non-continuing” directors, including directors initially nominated as a result of an actual or threatened proxy contest. [read post]
9 Aug 2015, 10:08 am
At this past week’s State Board meeting, the executive director of the Missouri Funeral Directors and Embalmers Association and the Missouri Funeral Trust spoke in opposition to Chapter 436 legislation that refers to provider funeral homes and preneed contract purchasers as beneficiaries to the preneed trust. [read post]
4 May 2015, 9:07 am
To conceal the fraudulent “round trip” nature of the loan funds, Metaxas deceived the board of directors of Gateway and, in October 2009, she provided false testimony to bank regulators when asked about the source of the down payment. [read post]
10 May 2023, 2:04 am
She was formerly the Director for Smart Disclosure in the U.S. [read post]
12 Mar 2012, 7:44 pm
A recent article in Bank Safety & Soundness Reporter (paid subscription required) claims that while Dodd-Frank focused federal bank regulators on incentive-based compensation at the largest banks, bank examiners "are using safety and soundness criticism and the threat of formal action to micromanage not only the incentive plans, but also the base salaries of bank executives and directors. [read post]
14 Jan 2010, 5:32 pm
On Jan. 12, 2010, FDIC's Board of Directors voted to publish an Advance Notice of Proposed Rulemaking about incorporating executive compensation structures into the deposit insurance risk assessments paid by insured financial institutions. [read post]
4 Feb 2010, 6:26 am
My Corporate Governance class is discussing responsibilities of corporate Boards of Directors. [read post]
