by Maureen McGuirl
In May 2009, Google confirmed the FTC began an inquiry into an interlock between the boards of Google and Apple. Section 8 of the Clayton Act prohibits a person from serving as a director or officer in any two competing corporations of a certain size, unless certain "safe...
by David Tate, Esq. ( Website )
-Act with integrity and honesty, and without
self-dealing, and require that of others.
-Act in the manner that you believe is best for the
company or organization and its shareholders, and require that of others.
-Be heard, and speak your mind and...
Over the last several months I took some time to look at
several Corporate Governance concepts that I found confusing or inapt. I
heard from a lot of you and there was some interesting discussion. What
are we to make of it? So many of the foundational terms and concepts of
corporate governance are...
Really? Really?! This was the headline from James
Stewart's Business Day article today: Voting to Hire a Chief Without Meeting Him . The
article highlights the almost complete lack of attention the full board of H-P
gave to the job of hiring a new CEO after firing Mark Hurd.
Among their revelations...
by Barbara Blackford
The decision of whether or not to separate the chair and
chief executive roles remains a hot governance topic for public companies,
boards, and shareholders. While the number of companies separating the
roles of board chair and CEO has grown significantly over the past five...
Plains Exploration & Production Company Stockholder Litigation ,
Cons., C.A. No. 8090-VCN (Del. Ch. May 9, 2013) [ an enhanced version of this opinion is available to lexis.com
Issues Addressed :
Were Revlon duties of the board breached due to the absence of a special...