The Herrick Advantage
This June, Herrick partners
Irwin A. Kishner and
Daniel A. Etna, will participate in a sports law panel being
hosted by St. John's International Sports Law Practice, L.L.M.,
Herrick and the Sports Lawyers Association (SLA). Jeffrey B.
Gewirtz, EVP, Business Affairs and Chief Legal Officer, Brooklyn
Nets and Barclays Center and Andy Barroway, Managing Partner,
Merion Investment Management and majority owner of the NHL's
Arizona Coyotes will join Irwin, Dan and other distinguished
panelists in addressing transferring club ownership and investments
in sports clubs.
Director Compensation to Be Reviewed under Entire Fairness
Standard
In Calma v. Templeton et al., a stockholder challenged the
compensation paid to eight non-employee directors of Citrix
Systems, Inc. The compensation consisted mostly of restricted stock
units (RSU), which were granted by Citrix's compensation
committee under Citrix's Equity Incentive Plan, and this Plan
was