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12 Jan 2009, 5:51 am
It may be frightening for some of them to learn that they face personal liability for injuries to the corporation if those injuries are caused by the board's neglect or mismanagement.That is why I found the case Davis v. [read post]
2 Nov 2021, 8:37 pm by Scott McKeown
  This week’s decision may shed some light on the type of issues that may catch the Director’s eye. [read post]
2 Aug 2013, 5:05 pm by Alex Talarides
When a board of directors decides to enter the company into a change-of-control transaction, the board is charged with the duty to act reasonably to secure the best value reasonably attainable for its shareholders. [read post]
26 Nov 2018, 11:58 am by Francis Pileggi
Under Delaware law, there are two different tests for determining whether demand may be excused: the Aronson v. [read post]
6 Feb 2014, 7:20 pm by Gene Takagi
 Check out some of our other posts on committees: Everything You Wanted to Know About Nonprofits & CommitteesAdvisory Board v. [read post]
”[14] On May 13, 2022, Judge Duffy-Lewis—also of the Los Angeles Superior Court—reached a similar conclusion in a second action also titled Crest v. [read post]
6 Feb 2023, 9:01 pm by renholding
In this article, we provide background on these developments and identify five steps that directors may want to consider as they develop risk governance frameworks. [read post]
9 Jun 2022, 4:27 pm by Scott McKeown
Today, new Director Vidal issued a revised memo to “provide more certainty and predictability in proceedings before the Patent Trial and Appeal Board (PTAB). [read post]
24 Aug 2023, 12:15 am
    For an example of the potential applicability of Section 527.8 to directors, see this opinion issued yesterday by the Fourth District Court of Appeal: North Coast Village Condominium Ass'n. v. [read post]