Companies often include a choice of law provision in their equity and other compensation plans. Some companies include a choice of law in the award agreement, either in lieu of, or in addition to, the plan document. Specifying applicable law helps...
Keith Paul Bishop
Recent Posts
John Jenkins at The Mentor Blog addresses the question of who has authority to hire and fire officers? He notes:
Francis Pileggi writes about a recent ruling by U.S. District Judge Sue L. Robinson in which she refused to consider whether the business judgment rule applied to officers of a Delaware corporation:
Section 9610(b) of the California Commercial Code provides that if commercially reasonable, a secured party may dispose of collateral by public or private proceedings, by one or more contracts, as a unit or in parcels, and at any time and place and...
Broc Romanek reported yesterday that the staff of the Securities and Exchange Commission will no longer require "Tandy Letter" disclaimers in responses to staff comments. Among other things, the Tandy Letter policy required a company to state...
Writing in the Harvard Law School Forum on Corporate Governance and Financial Regulation, Catherine Skulan and Raj Marphatia provide an interesting overview of California's recently enacted alternative investment vehicle fee disclosure law, AB 2833....
The Supreme Court of the United States is sometimes referred to by the initialization - SCOTUS - as in the well regarded SCOTUSblog. Scotus is also a name attached to one of the most famous scholars of the High Middle Ages - John Duns Scotus....
I spent the better part of last week writing about California Corporations Code Section 315. The statute general prohibits a corporation (Section 162) from making a loan of money or property to, or guaranteeing the obligation of, an officer or...
I spent most of last week discussing California Corporations Code Section 315. As a reminder, that statute prohibits a corporation (Section 162) from making a loan of money or property to, or guaranteeing the obligation of, an officer or director...