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12 Sep 2013, 9:00 pm
If the shareholder (or another person) is actually in control of the corporation and the managing director is more or less forced to carry out its instruction to enter into said transaction, the shareholder (or other person) could be held liable as a de facto managing director. [read post]
23 Jan 2009, 9:00 am
Nor have Icelandic corporations actively sought foreign directors to broaden the pool. [read post]
11 Jun 2009, 8:00 am
According to reports in the WSJ on a study done by Directors & Boards, the number of women among new directors has increased substantially. [read post]
5 Feb 2013, 4:00 am
All of the recent mortgage rules were approved by Director Cordray in his capacity as Director of the CFPB. [read post]
15 May 2017, 5:30 am
Everything I had been reading suggested that the president was to appoint the director. [read post]
23 Oct 2021, 6:11 am
Posted by Amy Rojik, BDO, on Saturday, October 23, 2021 Editor's Note: Amy Rojik is Director and Founder of the BDO Center for Corporate Governance. [read post]
13 Jan 2021, 6:09 am
One litigation trend that directors and senior management should monitor closely in 2021 is the increasing instance of claims brought by human rights activists seeking to hold companies, as well as corporate directors and senior management, accountable for human rights abuses committed by the corporation or within its supply chain. [read post]
21 Feb 2021, 7:31 am
While directors and officers owe the same fiduciary duties, they are not entitled to the same defenses. [read post]
4 Apr 2008, 9:00 pm
It is not uncommon that articles of association of a Netherlands Antilles BV or NV contain a provision to the effect that even when there is a conflict of interests, e.g. between the company and a board member or supervisory director, the power to represent the company remains with the managing directors (Article 2:11 par. 2 Civil Code). [read post]
3 Jan 2018, 11:07 am
Caremark is a notable Delaware Court decision establishing the principle that, while corporate directors are protected from suit based on errors made in good faith and without self-interest, directors nonetheless can be liable if they simply ignore significant corporate matters which ultimately injure their company. [read post]
15 Jul 2024, 12:21 pm
A Missouri funeral director recently called for advice. [read post]
14 Jul 2020, 6:33 am
We have a black lead director. [read post]
14 May 2012, 8:00 am
At a recent corporate counsel meeting, the SEC’s New York Regional Director made a highly critical statment of the Dodd-Frank provision requiring the SEC either to bring a case or to inform the Enforcement Director that no case shall be filed within 180 days of a Wells Notice. [read post]
28 Jul 2022, 10:00 am
On Monday this week, the Director of the U.S. [read post]
1 Jul 2020, 11:13 am
The decision has a number of immediate consequences: First, it is clear that the President has the authority and power to remove the incumbent CFPB Director and appoint a new director at will. [read post]
6 Jul 2009, 3:33 am
And while the premium cost would have to be borne personally by the director, there is, as the memo notes, nothing to prevent each director from “seeking a commensurate uplift in their remuneration to cover the outlay. [read post]
23 Jun 2010, 7:43 am
”) Admittedly, absent this advisory moonlighting, Terremark directors don’t get paid a bundle, at least compared to some directors. [read post]
14 Nov 2006, 6:56 am
He shares ten keys to establishing and working with an effective startup board of directors. [read post]
21 Jul 2022, 8:15 am
We first discuss the practicalities and potential impact of implementing Director Chopra’s call in a recent blog post for simplification of consumer finance regulations and simple bright-line rules. [read post]
21 Nov 2023, 6:02 am
A majority of directors on the committee, and its chair, must be independent. [read post]
