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27 May 2024, 8:48 am by Francis Pileggi
May 15, 2024), provides a mini-treatise on the titular topic, and a scholarly deep dive that includes a tour of nearly 40 years of Delaware corporate law on the tension between the contractual obligations of directors—as compared to the fiduciary duties of board members, and the general primacy of contract law. [read post]
21 Jun 2021, 12:07 pm by George Quillin and Jeanne Gills
And because Congress has vested the power of the USPTO in the director, the proper remedy is that the director “accordingly may review final PTAB decisions and, upon review, may issue decisions himself on behalf of the Board. [read post]
12 Apr 2022, 12:15 am
  The Delaware Supreme Court suggested that the board has such a right in Stroud v. [read post]
8 Aug 2022, 9:01 pm by Theodore N. Mirvis
An illustrative form of charter provision is set forth below; companies with existing director only provisions may want to consider tailored officer-specific exculpation clauses that are separate and apart from the director liability provisions: No director or officer of the Company shall be liable to the Company or its stockholders for monetary damages for breach of fiduciary duty as a director or officer, as applicable, except to the extent such an… [read post]
29 May 2018, 4:32 pm by Kevin LaCroix
Insured exclusion, Judge Young relied heavily on the Eighth Circuit’s 2017 decision in Jerry’s Enterprise, Inc. v. [read post]
29 Nov 2012, 12:28 pm by Stikeman Elliott LLP
On the issue of advance notice policies, Glass Lewis states that while it recognizes that an advance notice policy may increase the burden on small shareholders attempting to nominate directors, it believes that costs are minimal "compared with the potential negative impact resulting from an overhaul of a company's incumbent board. [read post]
6 Sep 2024, 6:30 am
Rancour, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, September 5, 2024 Tags: APA, FTC, Ryan LLC v. [read post]
6 Sep 2024, 6:30 am
Rancour, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, September 5, 2024 Tags: APA, FTC, Ryan LLC v. [read post]
24 May 2016, 9:45 am by John Jascob
The court did not reach the issue, raised by the defendants, of whether under Corwin v. [read post]
11 Sep 2012, 1:36 am by Kevin LaCroix
    Equally troublesome, our expanding online society has introduced new financial risks and exposures that may not be covered under general and professional liability insurance products, including standard directors’ and officers’ (D&O) policies. [read post]
12 Sep 2014, 2:02 pm by Mack Sperling
Perhaps you are wondering whether a board of directors is free to revise its corporation's bylaws without shareholder consent. [read post]
10 Jul 2020, 2:23 pm by Maurice W. McLaughlin
   A teacher or other teaching staff member, such as an athletic director, who has tenure may not dismissed or have their pay reduced for any reason other than incapacity, inefficiency, conduct unbecoming, “or other just cause. [read post]