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24 Apr 2020, 6:58 am
Charles Duan (@Charles_Duan) is Director of Technology and Innovation Policy at the R Street Institute.From vaccines to ventilators to diagnostic tests, technology has dominated response strategies to the ongoing COVID-19 pandemic. [read post]
21 Apr 2020, 12:46 pm
However, the definition of “affiliate” in the Volcker Rule, which is tied to the concept of “control” in the US Bank Holding Company Act, could result in a non-US banking entity being deemed to “control” the non-US fund because of a large ownership in the fund, or the non-US banking entity selects the board of directors of the fund, or acts as a general partner or trustee of the fund. [read post]
21 Apr 2020, 11:56 am
The resolution by the board of directors to commence business rescue proceedings has no effect until it has been filed with the CIPC. [read post]
19 Apr 2020, 9:00 am
In November 2016, senior executives from Caesars joined the American Hotel and Lodging Association (“AHLA”) board of directors. [read post]
16 Apr 2020, 4:24 pm
The Third Interim Final Rule states that a business owned in whole or in part by an outside director or holder of less than 30% of the equity of a PPP lender is not prohibited from obtaining a PPP Loan from such PPP lender on whose board the director serves or in which the equity owner holds an interest, as applicable. [read post]
14 Apr 2020, 8:00 pm
The scheme is provided by the British Business Bank via participating lenders, a list of which can be found here. [read post]
14 Apr 2020, 4:21 am
CDC Rejects Cruise Industry COVID-19 Response Plan The cruise industry submitted a plan called “Framework: For Cruise Industry Care of Crew and Passengers On Board Ships While Idle During the COVID-19 Pandemic. [read post]
13 Apr 2020, 4:28 am
Pre-receivership, the board of directors is entitled to decide whether to bring a lawsuit on the corporation’s behalf. [read post]
10 Apr 2020, 8:39 am
Instead, the “direct supervision and control of each Bank is exercised by its board of directors. [read post]
10 Apr 2020, 3:00 am
Now many progressive candidates and the organizations that support them are struggling to adapt to a bleak reality – dried up fundraising, unclear election dates, and a moratorium on political tactics like in-person phone banks and door-to-door canvassing. [read post]
9 Apr 2020, 9:05 pm
Banks that qualify for the community bank framework can more easily satisfy their risk-based and leverage capital regulatory requirements, enabling struggling banks to lend more of their resources during the pandemic. [read post]
9 Apr 2020, 2:13 pm
Writer/director Ron Shelton deftly balances drama, humor, and heart in telling the tale of a perennial minor leaguer (Costner), his dumb-but-absurdly-talented protégé (Tim Robbins), and the superfan who unites them (Susan Sarandon). [read post]
8 Apr 2020, 11:55 am
The types of control that the guidance describes goes beyond majority ownership, but to the actual power to make significant decisions for a business – through ownership, control of a board of directors or other contractual means. [read post]
7 Apr 2020, 11:49 am
In many cases, the investors in preferred equity will require representation on the board of directors for an SMB organized as a corporation or the board of managers for an SMB organized as an LLC. [read post]
7 Apr 2020, 11:49 am
In many cases, the investors in preferred equity will require representation on the board of directors for an SMB organized as a corporation or the board of managers for an SMB organized as an LLC. [read post]
5 Apr 2020, 4:35 pm
In Nebraska, last week the agency mandated masks for employees (and the prison director posed in one to make the point). [read post]
1 Apr 2020, 9:37 am
The scheme is provided by the British Business Bank via participating lenders, a list of whom can be found here. [read post]
31 Mar 2020, 1:50 pm
David TopolPrivate investments funds (hedge funds, PE firms, venture capital funds and the like) are a significant part of the U.S. economy. [read post]
31 Mar 2020, 6:26 am
Practical Impediments in Director Nominations At this time of the proxy season, many investors are submitting director nominations for election to the boards of directors of target companies. [read post]
31 Mar 2020, 5:24 am
Under the current supervisory framework, MRAs are reported to a bank’s Board of Directors and top financial executives to ensure the identified issues are addressed expediently. [read post]
