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  • Article

    Nasdaq Announces Diversity Requirements

    On December 1, 2020, Nasdaq introduced new listing rules aimed at increasing diversity among directors at companies listed on its exchange.
    United StatesEmployment and HR
    Kane Russell Coleman Logan PC
    Kane Russell Coleman Logan PC
  • Article

    SEC Awards $500K To Company Officer Whistleblower

    Typically, officers, directors, trustees and partners who learn about a fraud from another employee are not eligible for an award under the program.
    United StatesEmployment and HR
    McGuireWoods LLP
    McGuireWoods LLP
Article

SEC Adopts Mandatory Proxy Access for Shareholders

By a 3-2 vote on Aug. 25, 2010, the Securities and Exchange Commission (SEC) approved new rules (Release Nos. 33-9136; 34-62764; IC-29384; File No. S7-10-09) adopting proxy access.
United StatesFinance and Banking
McGuireWoods LLP
McGuireWoods LLP
  • Article

    The Bright Light: Director Payments To Themselves And The Entire Fairness Test

    A recent Delaware case, Valeant Pharmaceuticals International v. Jerney, is an important reminder of the care which should be taken by directors in considering bonuses that include payments to themselves.
    United StatesFinance and Banking
    Powell Goldstein LLP
    Powell Goldstein LLP
  • Article

    Navigating Business Partner Financial Distress: Strategies For Creditors Before And After Bankruptcy (Part 1 Of An 8-Part Series)

    Economic uncertainty can strain even healthy businesses, particularly when a valued customer, vendor, or business partner faces financial distress. This comprehensive eight-part series examines the strategic options available to creditors, from recognizing early warning signs to maximizing recovery opportunities both before and after bankruptcy proceedings. Understanding these proactive measures and legal considerations can significantly impact a company's ability to protect its interests and achieve optima
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Calfee, Halter & Griswold LLP
    Calfee, Halter & Griswold LLP
  • Article

    Unwinding Government Support – What Should Directors Do Now…

    Avid readers of this blog, insolvency aficionados, or anyone who may have glimpsed the news over the past year will not have failed to notice that substantial government support packages were put in place...
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Brown Rudnick LLP
    Brown Rudnick LLP
  • Article

    Extending Liability Coverage By Providing Notice Of Circumstances

    Litigation concerning COVID-19 has already begun. A number of lawsuits have been filed against cruise lines alleging that they were negligent by operating with infected passengers and crew...
    United StatesInsurance
    Bowditch & Dewey
    Bowditch & Dewey
  • Article

    Received A State AG Subpoena? Determine If Your Insurer Must Pay

    Given the broad scope of AG investigations, different types of policies may be applicable, from Comprehensive General Liability to Directors' and Officers' policies or Crime/Fidelity Insurance.
    United StatesInsurance
    Blank Rome
    Blank Rome
  • Article

    Third Circuit Holds That Insured Must Satisfy All Conditions Precedent In Excess Policy To Trigger Coverage

    The insured sought insurance coverage for defense costs and settlement of a putative class action under a tower of directors and officers liability insurance.
    United StatesInsurance
    Wiley Rein
    Wiley Rein
  • Article

    When You Agree To Buy Out Partner Upon Death And Fail To Do So Don't Expect Your Insurer To Defend You

    A Directors and Officers ("D&O") insurance policy provides coverage for a multitude of actions by corporate officers.
    United StatesInsurance
    Squire Patton Boggs LLP
    Squire Patton Boggs LLP
  • Article

    Episode 2: Mike Tannenbaum Of The Miami Dolphins

    This week's guest, Mike Tannenbaum, Executive Vice President of Football Operations of the Miami Dolphins, epitomizes what After The Buzzer attempts to do.
    United StatesMedia, Telecoms, IT, Entertainment
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Cybersecurity Oversight: What Is A Board Of Directors To Do?

    Cybersecurity and the risks of data breaches figured prominently at the 35th Annual Ray Garrett Corporate and Securities Law Institute held April 30, 2015, at Northwestern Law School in Chicago.
    United StatesPrivacy
    Reed Smith
    Reed Smith
  • Article

    Artificial Intelligence, Robots, Reskilling & Ethics – Fourth Revolution Board Of Director Imperatives & The Chair's Evolving Role

    The Agricultural Revolution resulted in increased labor and land productivity, catapulting population growth and decreasing the agricultural portion of the labor force.
    United StatesTechnology
    Littler Mendelson
    Littler Mendelson
  • Article

    National Bar Association 40 Under 40

    Cooley partners TJ Graham and Tanisha James have been named National Bar Association 40 Under 40 honorees.
    United StatesAntitrust/Competition Law
    Cooley LLP
    Cooley LLP
  • Article

    Application Of Caremark Duties To Officers

    In the landmark case In re Caremark International Inc. Derivative Litigation (1996), the Delaware Court of Chancery clarified the standard of liability for oversight...
    United StatesCorporate/Commercial Law
    Jenner & Block LLP
    Jenner & Block LLP
  • Article

    Are Your Bylaws Demode?

    While the California General Corporation Law contemplates that corporations will have bylaws but does not explicitly require that they do. See Are Bylaws Required? In my experience...
    United StatesCorporate/Commercial Law
    Allen Matkins Leck Gamble Mallory & Natsis LLP
    Allen Matkins Leck Gamble Mallory & Natsis LLP
  • Article

    Attorney General Of Massachusetts Announces Initiative On Executive And Director Compensation

    The compensation practices of nonprofit organizations in Massachusetts just became subject to increased scrutiny. The Non-Profit Organizations/Public Charities Division of the Office of the Attorney General of Massachusetts announced yesterday that it is turning its attention to compensation paid by health care systems and health care insurers to their executives and directors.
    United StatesCorporate/Commercial Law
    Foley Hoag LLP
    Foley Hoag LLP
  • Article

    California Court Strikes Down "Women On Boards" Law, Eradicating Recently Instituted Gender-Based Quotas For Board Seats

    Last week, a California Superior Court Judge struck down California's "Women on Boards" law.
    United StatesCorporate/Commercial Law
    Lewis Brisbois Bisgaard & Smith LLP
    Lewis Brisbois Bisgaard & Smith LLP
  • Article

    Does The Secretary Of State Misapprehend California's Board Quota Requirement?

    As noted in prior posts, the Secretary of State has filed a motion to dismiss a federal court challenge to California's director quota laws (SB 826 and AB 979).
    United StatesCorporate/Commercial Law
    Allen Matkins Leck Gamble Mallory & Natsis LLP
    Allen Matkins Leck Gamble Mallory & Natsis LLP
  • Article

    Financial Stability Board Appoints New Chair And Vice Chair

    On November 26, 2018, the Financial Stability Board announced the appointment of Randal K. Quarles (Governor and Vice Chairman for Supervision at the U.S. Federal Reserve System) ...
    United StatesCorporate/Commercial Law
    A&O Shearman
    A&O Shearman
  • Showing 501–520 of 3815 results

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