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5 Oct 2018, 1:39 pm by zamansky
Recent high-level departures at CBS, following Les Moonves’ alleged sexual harassment scandal, and the John Schnatter ouster from Papa John’s Pizza for insensitive racial remarks show that corporate leaders will be held accountable if they violate norms and hurt shareholders. [read post]
20 Sep 2018, 5:31 am by Joe Patrice
[American Lawyer] * Papa John heading to court to battle his old company. [read post]
15 Sep 2018, 4:03 pm by Steve Bainbridge
Bloomberg reports: A Papa John's investor filed a putative class action against the pizza chain Aug. 30 for allegedly misleading shareholders about Schnatter's conduct, not having adequate systems in... [[ This is a content summary only. [read post]
4 Sep 2018, 3:35 pm by Kevin LaCroix
Every year just after Labor Day, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. [read post]
3 Sep 2018, 4:49 pm by Kevin LaCroix
Days later, a Papa John’s shareholder filed a securities class action lawsuit against the company and certain of its executives following revelations that the company’s former CEO and Chairman, John Schnatter, and other company executives had engaged in sexual harassment and other sexual misconduct at the company. [read post]
31 Aug 2018, 3:05 am by John M. Rogitz
Specifically, Fall Line alleged in nine separate lawsuits that the mobile applications provided by AMC Entertainment, McDonald’s, Boston Market, Panda Express, Papa John’s, Pizza Hut, Regal Cinemas, Starbucks, and Zoe’s Kitchen directly infringe at least Claim 1 of the ‘748 patent. [read post]
31 Aug 2018, 3:05 am by John M. Rogitz
Specifically, Fall Line alleged in nine separate lawsuits that the mobile applications provided by AMC Entertainment, McDonald’s, Boston Market, Panda Express, Papa John’s, Pizza Hut, Regal Cinemas, Starbucks, and Zoe’s Kitchen directly infringe at least Claim 1 of the ‘748 patent. [read post]
30 Aug 2018, 4:49 pm by Kevin LaCroix
Days later, a Papa John’s shareholder filed a securities class action lawsuit against the company and certain of its executives following revelations that the company’s former CEO and Chairman, John Schnatter, and other company executives had engaged in sexual harassment and other sexual misconduct at the company. [read post]
30 Aug 2018, 4:44 pm by Kevin LaCroix
The Papa John’s lawsuit arguably is a bit different, as the problems at Papa John’s involve a number of different issues and incidents relating to the company’s high profile former CEO and Chairman. [read post]
29 Jul 2018, 2:39 pm by Stefan J. Padfield
@ProfBainbridge: "The Papa John's Fight Raises Many Interesting Corporate Law Issues" https://t.co/612g5d14dQ #corpgov— Stefan Padfield (@ProfPadfield) July 26, 2018 "Quotes Critical of Economics" including Keynes, Solow, Krugman, Stiglitz, and Romer https://t.co/ok7ZtDuIsZ #corpgov— Stefan Padfield (@ProfPadfield) July 26, 2018 shareholder proposals:... [read post]
27 Jul 2018, 5:59 am by Joe Patrice
* Papa John has filed suit against his former company in a bid to protect his legacy as America's foremost "racist guy who makes bad pizza. [read post]
27 Jul 2018, 3:00 am by John Jenkins
In light of Papa John’s recent decision to adopt a “poison pill” rights plan targeting its founder, former chair & largest stockholder, Bloomberg’s Matt Levine has devoted a couple of columns this week to poison pills. [read post]
24 Jul 2018, 11:21 pm by Steve Bainbridge
In response to our earlier post on the Papa Johns fight, a friend sent along three additional questions: (1) Can the board exclude Schnatter from board meetings? [read post]
19 Jul 2018, 6:03 am by Joe Patrice
* Papa John has hired Harvey Weinstein's lawyer, who's rapidly establishing herself as the gold standard of representing powerful dirtbags. [read post]
18 Jul 2018, 7:41 am by Tom Smith
“The board asked me to step down as chairman without apparently doing any investigation. [read post]