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Article
Void Corporations: The Zone Of Death Loophole To Avoid Liability?
The US state of Delaware requires corporations to pay annual franchise taxes to remain in good standing. A Delaware corporation must be in good standing to sue or be sued.
United StatesCorporate/Commercial Law
GGI | Global Alliance
Article
What A Relief! SEC Staff Extends Co-Investment Orders To Open-End Funds And Allows Delegation To Board Committee
On 27 April 2026, the staff (Staff) of the Securities and Exchange Commission (SEC) issued a no-action letter that extends to open-end funds, subject to certain conditions, exemptive relief that permits business development companies (BDCs) and registered closed-end funds to co-invest alongside affiliates in transactions otherwise prohibited under Sections 17(d) and 57(a)(4) of the Investment Company Act of 1940, as amended.
United StatesCorporate/Commercial Law

K&L Gates

What Do Boards Have To Do With Boards?

Section 155 of the California Corporations Code somewhat circularly defines "board" as "the board of directors of the corporation".

United StatesCorporate/Commercial Law

Allen Matkins Leck Gamble Mallory & Natsis LLP

What Is And Is Not Mandatory With Respect To California's Female Director Quota Law

I blogged earlier this year (based on an exchange with Keith) that filing the Corporate Disclosure Statement contemplated by California law is not really "required" by any regulation and that there is no real enforcement mechanism.

United StatesCorporate/Commercial Law

Allen Matkins Leck Gamble Mallory & Natsis LLP

When Are Directors Liable For Failing To Exercise Proper Oversight?

Recently we discussed whether directors of public companies face potential liability for not preventing cyber attacks.

United StatesCorporate/Commercial Law

When Does The Business Judgment Rule Protect Directors And Officers From Liability?

The long-established "Business Judgment Rule" serves as a safeguard for directors and officers against liability stemming from decisions made in their corporate capacities.

United StatesCorporate/Commercial Law

Where Exactly Is It Written That Directors And Officers Are Fiduciaries?

A neophyte to corporate law might ask where is it written in the California General Corporation Law that directors and officers are fiduciaries. The answer is nowhere.

United StatesCorporate/Commercial Law

Allen Matkins Leck Gamble Mallory & Natsis LLP

Withers Talks: Founders Counsel | Episode 3 - Should Age Matter For Founders? (Podcast)

The third episode of Founders Counsel explores the relevance of age when founding a company. It has been posited by some that one is over the hill in Silicon Valley at 35.

United StatesCorporate/Commercial Law

California "Women On Boards" Law Ruled Unconstitutional, But California Will Appeal

Last Friday, the Los Angeles Superior Court in Crest et al. v. Padilla ("Crest") held that Senate Bill 826 ("SB 826"), also known as the "Women on Boards" law, is unconstitutional.

United StatesEmployment and HR

Proskauer Rose LLP

Director Prosecution And Conviction In New South Wales

The NSW work health and safety regulator has brought a successful prosecution against a company director resulting in a criminal conviction and fines against the director and the company.

United StatesEmployment and HR

Seyfarth Shaw LLP

Reynolds V. Christian Bement: No Liability For Corporate Officers And Directors In Overtime Cases

A recent California Supreme Court decision found that corporate officers and directors are not individually liable for employee wages.

United StatesEmployment and HR

Dorsey & Whitney LLP

Role Of Talent In Site Selection For Manufacturers

One of the leading challenges facing many manufacturers in the U.S. is the attraction and retention of talent.

United StatesEmployment and HR

Foley & Lardner LLP

Federal Banking Agencies Extend No-Action Relief On Loans To Insiders

Additionally, the agencies provided clarification regarding the eligibility criteria for the no-action relief.

United StatesFinance and Banking

Hogan Lovells Cadwalader

New Bapepam - LK Rule On Shares with Differing Nominal Values

On 1 October 2010, the Chairman of the Capital Market and Financial Institution Supervisory Agency (Bapepam - LK) issued Rule IX.D.6 concerning the issuance of shares with differing nominal values (or otherwise known as par value).

United StatesFinance and Banking

O'Melveny & Myers LLP

Agencies To Curtail Unique, Customized Acquisitions In Favor Of Commercial Products And Services

Agencies and contractors may see an increase in commercial and commercial-off-the-shelf procurements in the coming months.

United StatesGovernment, Public Sector

Crowell & Moring LLP

Corporate Director's Breach Of Fiduciary Duty Not Dischargeable In Bankruptcy

Kaufman, while serving apparently as an officer/director, of Cornerstone, violated his fiduciary duties thereto in assisting a former employee to compete with Cornerstone.

United StatesInsolvency/Bankruptcy/Re-Structuring

Stoll Keenon Ogden PLLC

Directors – Don't Be At A Loss For Your D&O Coverage In Bankruptcy

As the spate of energy bankruptcies continues, trustees, shareholders, creditors, plaintiff's firms and other interested parties are looking at ever more creative ways to maximize the recovery...

United StatesInsolvency/Bankruptcy/Re-Structuring

Guernsey Dairy Opinion – Allowing WARN Claims To Arise May Breach A Director's Duty

As is clear from the Opinion, there is a difference between deepening insolvency claims, and claims of breach which arise out of separate causes of action (like WARN Act violations).

United StatesInsolvency/Bankruptcy/Re-Structuring

Fox Rothschild LLP

Noh Seeks Damages For "Reckless Disregard" In Paddle8 Suit

Megan Noh, co-chair of the Art Law Group, filed a new lawsuit against an alleged former member of Paddle8's board of directors.

United StatesInsolvency/Bankruptcy/Re-Structuring

Pryor Cashman LLP

D&O Insurers Should Prepare For A New Wave Of Class Actions Against Tech Companies

Investors will be analysing the triggers that caused a drop in confidence in the sector.

United StatesInsurance

Showing 641–660 of 3816 results

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