Search for: "Duty v. General Finance Company" Results 21 - 40 of 689
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9 Aug 2023, 10:26 am by Kevin LaCroix
Grace & Company, Inc., take a look at the recent Delaware Duty of Oversight decisions and consider their implications. [read post]
16 Jan 2015, 6:11 am
The court begins by explaining how the case arose and what it involved: It began with “American International Group, Inc., and International Lease Finance Corporation” (collectively ILFC) suing Air Lease Corporation (ALC), Plueger, and others, for, inter alia, breach of fiduciary duty and misappropriation of trade secrets.In the fifth amended complaint, ILFC alleges that Plueger was its chief operating officer (COO), but resigned and then became president and COO of a… [read post]
10 Jul 2023, 4:00 am by Peter Mahler
Second, assuming a 50% owner seeking to commence litigation has the power of the checkbook, suing in the company name means the company hires and pays the lawyer from the company kitty instead of having to finance a derivative lawsuit from the shareholder’s own pocket. [read post]
5 Apr 2018, 7:50 pm by Larry
They lacked the assets to cover that additional expense and had to secure bank financing from the parent company. [read post]
12 Oct 2007, 12:51 am by Sean Hayes
REAL ESTATE INVESTMENT COMPANY ACT (Amended as of January 14, 2005)(New Law in effect on Oct, 2007)CHAPTER I GENERAL PROVISIONS Article 1 (Purpose) The purpose of this Act is to contribute to the development of national economy by prescribing the matters concerning the establishment of a real estate investment company, the management methods of assets thereof and the protection of investors therein to provide citizens at large with more opportunities to invest in the real… [read post]
2 Nov 2009, 8:03 am
Also, the duty to hedge should be dependent on directors’ level of information, sophistication and the level of risk a company faces. [read post]
5 Nov 2012, 2:53 am
The same could have been said of recent decisions at first instance on the corporate veil (particularly Ben Hashem v Shayif), until two magisterial judgments of the Court of Appeal this year: VTB Capital v Nutritek and, last week, Petrodel v Michael Prest. [read post]
1 Nov 2012, 9:15 pm by David Smyth
  If a company could cut one off by simply denying that an employee breached a fiduciary duty to it, less ethically grounded companies might do so. [read post]
31 Jan 2015, 4:23 pm by INFORRM
The court begins by explaining how the case arose and what it involved: It began with “American International Group, Inc., and International Lease Finance Corporation” (collectively ILFC) suing Air Lease Corporation (ALC), Plueger, and others, for, inter alia, breach of fiduciary duty and misappropriation of trade secrets. [read post]