Burkle's Yucaipa Cos. Files Complaint Against Barnes & Noble

NEW YORK – (AP) Los Angeles billionaire Ron Burkle's Yucaipa Cos. has filed a complaint against Barnes & Noble Inc., saying the bookseller's shareholder rights plan is unfair and directors have breached fiduciary duties. Burkle and his Yucaipa Cos. own about 19 percent of the company's...

Williams Mullen: 11th Circuit Rules Home Depot Plan Fiduciaries Did Not Breach Their Duties Related To The Plan's Company Stock Fund

B y M ark S. Thomas and Robert W. Shaw In Lanfear v. Home Depot, Inc. , No. 10-13002 (11th Cir. May 8, 2012) [ enhanced version available to lexis.com subscribers ], the U.S. Court of Appeals for the Eleventh Circuit joined five other federal circuit courts in adopting a presumption that, in the absence...