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15 May 2024, 6:02 am by Kevin LaCroix
Furthermore, in liability proceedings the burden of presentation and proof for their dutiful conduct and lack of fault lies with the management board members (cf. section 93 II 2 German Stock Corporation Act). the so-called ARAG doctrine of the German Federal Court of Justice (is another driver of directors’ liability under German law: According to the ARAG-doctrine, the Supervisory Board is generally obliged to assert claims for damages against members of the Management… [read post]
14 Mar 2024, 10:07 am by admin
The Philadelphia Court of Common Pleas, not to be confused with Common Fleas, can be a rough place for corporate defendants. [read post]
14 Feb 2024, 9:05 pm by renholding
Chicago 1994 p. 27. [3] Ronald Coase, Nobel Lecture 1991, The Institutional Structure of Production, paragraph 12 (https://www.nobelprize.org/prizes/economic-sciences/1991/coase/lecture/, visited 19 Dec. 2023). [4] Cf. [read post]
2 Feb 2024, 11:08 am by Rebecca Tushnet
Claim is that we’re at the end of the spectrum; we may be near that but not quite today (cf. [read post]
25 Jan 2024, 8:12 am
 Pix Credit Museum Panama City, Panama For those who might have an interest, I have posted for comment or reaction, a discussion draft of my essay, Overcoming the Human, Rights, and the State in Human Rights. [read post]
25 Oct 2023, 9:01 pm by renholding
 The Barr Report concluded that SVB’s failure was primarily the result of mistakes made by SVB’s “senior management … to manage basic interest rate and liquidity risk” and the lack of effective oversight by SVB’s board of directors.6 A recent report by a group of bank regulatory experts at the Center for Financial Stability led by Sheila Bair (CFS Report), the Chair of the Federal Deposit Insurance Corporation (FDIC) during the 2008… [read post]
27 Aug 2023, 3:56 pm by Andrew Warren
On August 14, 2023, a Fulton County, Georgia grand jury returned a 41-count indictment against former President Donald Trump and eighteen other individuals for a conspiracy to overturn the legitimate 2020 presidential election results in that state. [read post]
21 Aug 2023, 4:34 am by Peter Mahler
Contrary to her contention, she failed to establish a basis for an equitable tolling based on a breach of fiduciary duty (see Ilan Props., Inc. v Benishai, 205 AD3d 541, 542; cf. [read post]
9 Aug 2023, 9:01 pm by renholding
On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”), and (ii) change the method for calculating the capital surcharge for globally systemically important banking organizations (“G-SIBs”) (the “G-SIB Surcharge Proposal”).1 These proposals are of critical importance because the amount of capital a… [read post]
26 Jul 2023, 9:03 pm by renholding
See Securities and Exchange Commission Division of Corporation Finance, “CF Disclosure Guidance: Topic No. 2” (Oct. 13, 2011), available at https://www.sec.gov/divisions/corpfin/guidance/cfguidance-topic2.htm. [read post]