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10 Feb 2023, 7:04 am
McIntosh, Wachtell, Lipton, Rosen & Katz, on Monday, February 6, 2023 Tags: Corporate governance, CSRD, Elon Musk, ESG, Esg governance, Wachtell Lipton Corporate Officers, Not Just Directors, Can Be Liable for Duty of Oversight Violations Posted by Jonathan Youngwood, Nicholas Goldin, and Stephen Blake, Simpson Thacher & Bartlett LLP, on Tuesday, February 7, 2023 Tags: Caremark, Delaware Court of Chancery, Derivative suits, Duty of oversight, ESG, Oversight Proxy voting… [read post]
10 Feb 2023, 4:44 am by admin
Putting aside the idiosyncratic chapter by the late Professor Berger, most of the third edition of the Reference Manual presented guidance on many important issues. [read post]
7 Feb 2023, 2:13 pm by Alejandro Moreno and Eugene Choi
Jan. 26, 2023), the Delaware Court of Chancery (Laster, V.C.) held that officers of a Delaware corporation are subject to a fiduciary duty of oversight as articulated in In re Caremark International Inc. [read post]
7 Feb 2023, 6:30 am
Youngwood, Nicholas Goldin, and Stephen Blake are Partners at Simpson Thacher & Bartlett LLP. [read post]
6 Feb 2023, 9:01 pm by renholding
Historically, directors have been protected from personal liability in connection with risk management by the high standard set in the seminal 1996 Caremark[1]case. [read post]
1 Feb 2023, 2:39 pm by anne
Charles Schwab – The SEC hit Charles Schwab & Co., Inc., Charles Schwab Investment Advisory, Inc., and Schwab Wealth Investment Advisory, Inc. with $187 million in penalties and disgorgement for alleged misstatements and omissions about their conflict of interest in handling customer funds and the resulting drag on customer returns. [read post]
22 Jan 2023, 3:30 am by Frank Cranmer
Massimo Introvigne, Bitter Winter: Scientology Churches Are Tax-Exempt Religious Buildings, UK Court Says: on The Church of Scientology Religious Education College Inc v Ricketts (VO) [2023] UKUT 1 (LC), which we noted here. [read post]
19 Jan 2023, 12:49 pm by Kevin LaCroix
According to the solicitor general of the U.S. in Goldman Sachs Group Inc. v. [read post]
18 Jan 2023, 1:21 pm by Seeger Weiss
With concentration in the areas of health care and tax fraud, Stephen has represented relators in cases against CareCore National, Warner Chilcott and Life Spine, Inc., and led the first settlement ever reached under the 2010 tax whistleblower amendments to New York’s False Claims Act. [read post]
15 Jan 2023, 2:35 pm by Rob Robinson
Editor’s Note: From time to time, ComplexDiscovery highlights publicly available or privately purchasable announcements, content updates, and research from cyber, data, and legal discovery providers, research organizations, and ComplexDiscovery community members. [read post]
12 Jan 2023, 8:40 am by Jonathan Bailey
The lawsuit was filed by William Grondin against Fanatics Inc. [read post]
11 Jan 2023, 11:33 am by Will Baude
Fox Television Stations, Inc., 556 U.S. 502, 525-26 (2009) (plurality opinion). [read post]
9 Jan 2023, 4:42 pm by David Klein
Global Motivation, Inc. and Jordan Belfort.This class action complaint alleged that Jordan Belfort a.k.a. [read post]
23 Dec 2022, 6:30 am
Kushner, FTI Consulting, on Tuesday, December 20, 2022 Tags: Activism, M&A, Real Estate, SEC, stock market, Vulnerability Score Audit committee effectiveness: practical tips for the chair Posted by Maria Castañón Moats, Stephen G. [read post]
23 Dec 2022, 6:30 am
Kushner, FTI Consulting, on Tuesday, December 20, 2022 Tags: Activism, M&A, Real Estate, SEC, stock market, Vulnerability Score Audit committee effectiveness: practical tips for the chair Posted by Maria Castañón Moats, Stephen G. [read post]
18 Dec 2022, 3:52 pm by admin
Another of the 33 cases was the New Jersey case brought by Stephen Lanzo, for whom Moline testified as an expert witness.[13] In the course of the Lanzo case, the defense developed facts of Mr. [read post]
15 Dec 2022, 11:17 am
The Supreme Court's ruling this past summer in New York State Rifle & Pistol Association, Inc. v. [read post]