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13 Mar 2020, 6:31 am
Micheletti, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, March 10, 2020 Tags: Board independence, Boards of Directors, Business judgment rule, Delaware cases, Delaware law, Director liability, Fiduciary duties, Liability standards Appraisal and Merger Synergies—Right to a Refund on Prepayments Posted by Gail Weinstein, Brian T. [read post]
13 Mar 2020, 1:00 am by Doug Cornelius
LaurentThe National Law Review In our recent experience, fund boards of directors, in consultation with fund advisers, have begun to consider alternative options to in-person board meetings in light of COVID-19 concerns. [read post]
9 Mar 2020, 11:42 am by Lori J. Sommerfield
Other topics addressed in new FAQs include the following: Guidance on what is a “business arrangement” for purposes of when a bank has a “third-party relationship” Determining when cloud computing providers and data aggregators are in a third-party relationship with a bank and risk management expectations for such relationships Risk management practices when a bank has limited negotiating power in contractual arrangements Determining the risks… [read post]
9 Mar 2020, 7:10 am by Scott Atwood
Sponsors We are so grateful for the support of our sponsors: Sanibel Captiva Community Bank – Breakfast Sponsor BKS-Partners – Lunch Sponsor Contemporary Business Resources – Speaker Sponsor Claims Investigation Agency, Inc. [read post]
6 Mar 2020, 6:17 am
Springer, Gibson, Dunn & Crutcher LLP, on Wednesday, March 4, 2020 Tags: Bank Holding Company Act, Banks, Controlling shareholders, Federal Reserve, Financial regulation, Management, Proxy fights, Shareholder voting “Operation Codebreaker” and the Culture of Compliance Posted by Michael W. [read post]
6 Mar 2020, 3:00 am by Jim Sedor
National/Federal Biden Claims 9 Super Tuesday Victories, Including Texas AP News – Steve Peoples and Will Weissert | Published: 3/4/2020 A resurgent Joe Biden scored victories from Texas to Massachusetts on Super Tuesday, revitalizing a presidential bid that was teetering on the edge of disaster just days earlier. [read post]
5 Mar 2020, 1:49 pm by Kevin LaCroix
But that all changed in the early 1990s, when the Internet grew into an important tool for investors and unlawful touting of securities began to spread in cyberspace, including websites, newsletters, spams, and then online message boards, discussion forums and now, social media. [read post]
4 Mar 2020, 9:24 am by Elliot Setzer
Visit our Events Calendar to learn about upcoming national security events, and check out relevant job openings on our Job Board. [read post]
3 Mar 2020, 7:42 pm by Sabrina I. Pacifici
It gets worse: The balance in your bank account is now $0. [read post]
The Protecting Consumers Act implements a number of recommendations out of Royal Commission in Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission), by extending the unfair contract terms regime to insurance contracts, banning conflicted remuneration for mortgage brokers and intermediaries, and subjecting mortgage brokers to the requirement to act in the best interests of consumers in relation to credit assistance in credit contracts. [read post]
1 Mar 2020, 6:03 am by Elliot Setzer
Mikhaila Fogel shared the House of Representatives’ Supreme Court brief in the Mazars and Deutsche Bank cases. [read post]
28 Feb 2020, 5:54 am
Smith, EY Center for Board Matters, on Wednesday, February 26, 2020 Tags: Board composition, Boards of Directors, Climate change, Diversity, ESG, Human capital, Institutional Investors, Proxy season, Risk oversight, Shareholder voting, Sustainability ESG Factors and Antitrust Posted by Damian G. [read post]
28 Feb 2020, 3:54 am by SHG
Defendant Braun, in his role as the Executive Director of the Board of Regents, received the record on appeal to the Board of Regents, reviewed the evidence, directed the parties to submit briefing, and issued a decision. [read post]
28 Feb 2020, 3:00 am by Jim Sedor
Her husband, John Seale, is director of federal affairs at the American Chemistry Council. [read post]
27 Feb 2020, 9:35 am by Yosie Saint-Cyr
Protection of Students with Life-threatening Allergies Act Since January 1, 2020, school boards must establish anaphylaxis policies that reduce risk of exposure, communicate information to students and parents, train employees and maintain files for anaphylactic students, among other tasks. [read post]
26 Feb 2020, 11:00 am by Ben Vernia
  Senior leadership of the Community Bank minimized the problems to Wells Fargo management and its board of directors, by casting the problem as driven by individual misconduct instead of the sales model itself. [read post]
24 Feb 2020, 2:43 pm by Kathleen Scott (US)
On January 30, 2020, the Federal Reserve Board voted to finalize its April 2019 proposed rule to clarify and simplify the standards under which the Federal Reserve Board determines that one company controls a banking organization or another company. [read post]
24 Feb 2020, 6:41 am by John Jascob
" The full Committee will conduct hearings on March 10 and March 11 subtitled "CEO Perspectives on Next Steps for the Bank that Broke America’s Trust" and "Examining the Role of the Board of Directors in the Bank’s Egregious Pattern of Consumer Abuses. [read post]