The purchaser of an isolated business division of a company under judicial recovery (the Brazilian Chapter 11 equivalent), provided that certain requisites are met, should not inherit any liability from the Seller.
This council has brought together experienced compensation committee chairs from Fortune 500 companies with key shareholder representatives, regulators, and other stakeholders to discuss ways to strengthen corporate governance in general—and compensation committee oversight in particular.
The purpose of this paper is to summarize briefly the considerations leading to the currently proposed amendments for Delaware’s appraisal statute, Section 262 of the Delaware General Corporation Law (“DGCL”).
This article probed whether senior executives and board members were undertaking basic cyber governance activities, such as reviewing privacy and security budgets and top level policies, establishing key roles and responsibilities for privacy and security, and reviewing security program assessments in the United States.
Hear directly from audit committee members about their take on topics that matter to compliance officers and general counsel, such as: their approach to risk (i.e., what keeps them up at night?); compliance issues they wish to have more visibility into; Board trends and compliance savvy (What has changed over time? Why?); preferred methods of reporting and tips for making more strategic board reports; the compliance officer’s role in protecting board members from personal liability; and desired non-legal skill sets that set top-notch compliance professionals apart from their peers.
This article focuses on Boards that do not have directors with industry expertise who run the risk that shareholders will use proxy fights or proxy access proposals to run competing slates of directors.
This articles describes the criteria for a transfer of undertaking when planning a merger, acquisition or division of a business in the Netherlands.
Between 1 January 2010 to 30 April 2013, approximately 19 Mainboard RTOs were announced on the SGX-ST, out of which only six were successfully completed as at 30 April 2013. While there is no similar publicly available data in relation to IPOs, the foregoing does illustrate that the RTO route is no assurance of a successful listing.
Sample gift acceptance policy for a nonprofit organization.
What legislation is applicable to insolvencies and reorganisations? What criteria are applied in your country to determine if a debtor is insolvent?