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27 Jun 2011, 7:24 am by Tom Crane
  Our state difffers from many states which simply require compensation or money to make a non-compete agreement binding. [read post]
11 Sep 2015, 1:42 pm
The court interpreted this provision of the Articles Supplementary to establish a limitation upon the right of preferred stockholders to convert their stock, distinguishing the preferred stock at issue from convertible preferred securities. (3) The court declined to speculate about the possible ramification of Section 7(b) of the Articles Supplementary, related to voting rights, which had not been expressly argued.For Count II, the court held that the plaintiff had failed to… [read post]
19 Dec 2007, 5:34 am
Yesterday the Appellate Division, First Department reversed a lower court ruling and dismissed a breach of fiduciary duty claim against the New York Stock Exchange and its Chief Executive Officer John Thain - Hyman v New York Stock Exch., Inc., 2007 NY Slip Op 09909. [read post]
24 Oct 2011, 11:34 am
This means the plan document states one of the purposes of the plan is to hold employer stock. [read post]
26 Sep 2011, 9:32 am by Eric
Other New York state court rulings that have interpreted 47 USC 230 broadly include Shiamili v. [read post]
20 Dec 2011, 11:36 am by Steve Bainbridge
Secrist also stated that various regulatory agencies had failed to act on similar charges made by Equity Funding employees. [read post]
20 Oct 2017, 5:00 am by John Jascob
In early 2016, Mazzal’s CEO entered into a stock purchase agreement (SPA) in which he agreed to sell 45.8 million restricted shares of Mazzal to B2. [read post]
7 Nov 2019, 8:41 am by Zamansky
On November 6, 2019, Zamansky LLC partner Sam Bonderoff represented the participants in the employee stock-ownership plan (“ESOP”) for IBM, and argued the case of Retirement Plans Committee of IBM v. [read post]
17 Oct 2011, 2:08 pm
Berger Held: When stating a claim for breach of fiduciary duty by the board of directors in a stock-for-stock merger, the duty of profit maximization under Shenker v. [read post]