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9 May 2024, 5:00 am
REFUSED TO COMPLY WITH HIS LOAN AGREEMENTS AND GUARANTEEKSW, the sole member of and manager of two entities, secured a $12.3 million mortgage, and agreed to a guarantee, which collateralized his entire membership interests in those companies and allowed for a sale and the termination of his interests in the event of a breach.Of course, when a default was later triggered, KSW’s interests were sold to a third party, who subsequently sued KSW alleging,… [read post]
9 Mar 2012, 11:34 am
Accordingly, we do not believe that KSW may omit the proposal from its proxy material in reliance on rule 14a-8(i)(10), which permits the exclusion of a proposal if a company has already substantially implemented Both Dave Lynn of TheCorporateCounsel.Net Blog and Leonard, Street and Deinard's Dodd-Frank and the Law Blog have interesting discussions of the SEC's rulings. [read post]
10 May 2012, 3:19 pm
KSW, a company with a $25 million market cap, adopted a proxy access right with a 5 percent for one year ownership requirement. [read post]
26 Apr 2012, 3:51 pm
In addition, the Furlong Fund has submitted a binding access proposal at a small-cap firm, KSW Inc., which holds its annual meeting on May 9. [read post]
