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7 Aug 2017, 3:30 am by Peter Mahler
” In Marx v Akers, 88 NY2d 189 [1996], the Court of Appeals held: a complaint challenging the excessiveness of director compensation must—to survive a dismissal motion—allege compensation rates excessive on their face or other facts which call into question whether the compensation was fair to the corporation when approved, the good faith of the directors setting those rates, or that the decision to set the compensation could not have been a product of valid… [read post]
6 Aug 2017, 5:56 pm by John A. Gallagher
This is not a good thing at all.A U5 is a statement that must be filed by a brokerage firm when a broker dealer is involuntarily separated from employment with the firm.A U5, formally known as a “Uniform Termination Notice for Securities Industry Registration,” is required pursuant to article V, section 3 of the FINRA By-Laws. [read post]
29 Jul 2017, 5:32 pm by Wolfgang Demino
These lawsuits were all brought by various "National Collegiate Trust" ("NCT") entities, which are Delaware statutory trusts that acquire and hold a significant number of private student loans. [read post]
12 Jul 2017, 1:40 pm by Doorey
  Far from confirming that Loblaws did all it could reasonable do to ensure workers making Joe Fresh goods were safe, Das v. [read post]
10 Jul 2017, 3:28 am by Peter Mahler
Outcome Under both New York and Delaware law, an entity dissolved for failure to pay taxes can reacquire its status as an entity in good standing by paying all tax arrears. [read post]
7 Jun 2017, 9:01 pm by Marci A. Hamilton
It’s not the victim against the church or parish, as the bishops often triangulate the relationship, but rather good and decent Catholics against base evil. [read post]
2 Jun 2017, 6:25 am
Salceda, Wilson Sonsini Goodrich & Rosati, on Wednesday, May 31, 2017 Tags: Boards of Directors, Delaware cases, Delaware law, Disclosure, Fiduciary duties, Liability standards, Merger litigation, Mergers & acquisitions, Shareholder suits U.S. [read post]
22 May 2017, 4:57 pm by Kevin LaCroix
This shift is largely the result of two Delaware court decisions, the Delaware Supreme Court’s 2015 decision in Corwin v. [read post]
22 May 2017, 2:48 pm by daniel
We will still need to fight for broader patent reform and defend good decisions like the Supreme Court’s 2014 ruling in Alice v CLS Bank. [read post]
22 May 2017, 3:28 am by Peter Mahler
VC Laster’s Transcript Ruling in Gerlanc v Beatrice A recent transcript ruling by Vice Chancellor Travis Laster of the Delaware Court of Chancery in Gerlanc v Beatrice, CA No. 2017-0211-JTL (Mar. 23, 2017), reaches the opposite result on similar facts due to key differences in Delaware’s LLC Act. [read post]
22 May 2017, 3:28 am by Peter Mahler
VC Laster’s Transcript Ruling in Gerlanc v Beatrice A recent transcript ruling by Vice Chancellor Travis Laster of the Delaware Court of Chancery in Gerlanc v Beatrice, CA No. 2017-0211-JTL (Mar. 23, 2017), reaches the opposite result on similar facts due to key differences in Delaware’s LLC Act. [read post]