Mondaq USA: Corporate/Commercial Law > Directors and Officers
WilmerHale
The Delaware Supreme Court recently sounded a warning bell for directors, reminding that as part of their duty of loyalty, they "must make a good faith effort to implement an oversight system
Duane Morris LLP
Fiduciary duties are fundamental concepts in Delaware corporate law. Directors and officers owe duties of care and loyalty, and from these obligations flows
Proskauer Rose LLP
Senate Bill 826, signed into law last year by former Governor Jerry Brown, requires that by the end of 2019, all publicly held foreign or domestic corporations
Gibson, Dunn & Crutcher
A Delaware bankruptcy court has held that a special committee's advisors cannot withhold privileged documents from a liquidation trustee appointed pursuant to a chapter 11 plan.
Cooley LLP
It was only a matter of time. As reported here on Bloomberg, a conservative activist group has filed a lawsuit, Crest v. Alex Padilla, in California state court on behalf of three California taxpayers seeking to prevent implementation ...
Sheppard Mullin Richter & Hampton
A few years back, two of us had the privilege of joining a highly trained SWAT team in New Orleans responding to a call for a barricaded subject with an assault rifle.
Foley & Lardner
Stockholder "books and records" requests have become increasingly prevalent in the past decade. These requests can be a used as tools by activist investors to gather information
Morrison & Foerster LLP
A recent decision of the High Court of Justice in England & Wales in Re Burnden Holdings (UK) Limited (in liquidation) [2019] EWHC 1566 (Ch) ("Burnden Holdings") provides a thorough review.
Cooley LLP
Overboarding policies reflect the concern that directors who sit on too many boards will not be able to devote adequate time to their duties to the company.
Cooley LLP
Choose experienced advisors, including lawyers, auditors and financial consultants (if necessary), and get them involved early.
Cooley LLP
As reported by the WSJ, a new milestone has finally been reached for board gender diversity: there are no longer any companies in the S&P 500 with all-male boards!
Sheppard Mullin Richter & Hampton
In Marchand v. Barnhill, No. 533, 2018, 2019 Del. LEXIS 310, the Delaware Supreme Court reversed a Delaware Court of Chancery order dismissing a derivative claim alleging that an members of the board of directors...
Gibson, Dunn & Crutcher
In a recent decision applying the famous Caremark doctrine, the Delaware Supreme Court confirmed several important legal principles that we expect will play a central role in the future of derivative
Mayer Brown
Earlier this month, the U.S. House Financial Services Committee passed, with overwhelming bi-partisan support, three bills to promote gender, racial and ethnic diversity on corporate boards.
Cadwalader, Wickersham & Taft LLP
The Federal Reserve Board ("FRB") highlighted risks related to certain insurance policy indemnifications for the directors and officers ("D&Os")
Gibson, Dunn & Crutcher
Plaintiffs and defendants alike may have thought they felt tremors ripple through the legal system last month when, for the first time, the Delaware Supreme Court reversed dismissal of derivative claims based on...
Shearman & Sterling LLP
The Delaware Supreme Court recently took the opportunity to revisit Caremark with its en banc decision in Marchand v. Barnhill, No. 533, 2018
Mayer Brown
In the recent case of Marchand v. Barnhill, the Delaware Supreme Court reversed the dismissal of a claim that the directors of Blue Bell Creameries USA, Inc.
Cadwalader, Wickersham & Taft LLP
The FTC reminded market participants to ensure that persons do not serve as officers or directors of competing companies during restructurings or acquisitions.
Proskauer Rose LLP
As we reported in our August 2017 UK Tax Round-Up [https://www.proskauer.com/newsletter/uk-tax-round-up-august-2017], the UK's First Tier Tribunal
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Lewis Brisbois Bisgaard & Smith LLP
The 2018 California legislative session was another busy year with numerous employment-related bill signed into law.
Gibson, Dunn & Crutcher
In a recent decision applying the famous Caremark doctrine, the Delaware Supreme Court confirmed several important legal principles that we expect will play a central role in the future of derivative
Mayer Brown
Earlier this month, the U.S. House Financial Services Committee passed, with overwhelming bi-partisan support, three bills to promote gender, racial and ethnic diversity on corporate boards.
Cooley LLP
Choose experienced advisors, including lawyers, auditors and financial consultants (if necessary), and get them involved early.
Gibson, Dunn & Crutcher
Plaintiffs and defendants alike may have thought they felt tremors ripple through the legal system last month when, for the first time, the Delaware Supreme Court reversed dismissal of derivative claims based on...
Cooley LLP
Overboarding policies reflect the concern that directors who sit on too many boards will not be able to devote adequate time to their duties to the company.
Cooley LLP
It was only a matter of time. As reported here on Bloomberg, a conservative activist group has filed a lawsuit, Crest v. Alex Padilla, in California state court on behalf of three California taxpayers seeking to prevent implementation ...
Gibson, Dunn & Crutcher
A Delaware bankruptcy court has held that a special committee's advisors cannot withhold privileged documents from a liquidation trustee appointed pursuant to a chapter 11 plan.
Cooley LLP
As reported by the WSJ, a new milestone has finally been reached for board gender diversity: there are no longer any companies in the S&P 500 with all-male boards!
Sheppard Mullin Richter & Hampton
In Marchand v. Barnhill, No. 533, 2018, 2019 Del. LEXIS 310, the Delaware Supreme Court reversed a Delaware Court of Chancery order dismissing a derivative claim alleging that an members of the board of directors...
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