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Elimination of the Duty of Care In Delaware? Statutory Exculpation of Officers: Recent Amendment to Section 102(B)(7) of the Delaware General Corporation Law

Elimination of the Duty of Care In Delaware? Statutory Exculpation of Officers: Recent Amendment to Section 102(B)(7) of the Delaware General Corporation Law
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United statesInstitutional shareholders servicesAdvisory firmLewis coCorporation lawDelaware general corporation lawDelaware general assemblyConsiderations concerning newly amended sectionFiduciary dutyBad faith conductImproper personal benefitIntentional misconductKnowing violationLimits monetary damagesEquitable reliefRelated claims

Elimination Of The Duty Of Care In Delaware? Statutory Exculpation Of Officers: Recent Amendment To Section 102(B)(7) Of The Delaware General Corporation Law - Directors and Officers

A Delaware corporation itself does not owe fiduciary duties to its stockholders and cannot be sued by its stockholders for breach.

United statesSanta fe pacSimpson thacherJosephm mclaughlinHolding coLewis coRural metro corpSociety for savInstitutional shareholders servicesAdvisory firmCorporation lawPolk co incRj corpDelaware generalDelaware general assemblyConsiderations concerning newly amended section

Alta Fox Issues Statement Regarding Outcome of Election Contest at Hasbro

Alta Fox Issues Statement Regarding Outcome of Election Contest at Hasbro
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United statesMark harnettGreg marose bela kirpalaniSalta foxConnor haleyInstitutional shareholders services incHasbro incAlta fox capital managementCompany board of directors theFellow shareholdersThoughtfully engagingFox capital managementManaging partnerChief executive officerAnnual meetingInstitutional shareholders services

Hasbro shareholders reject challenge from activist investor Alta Fox

Hasbro shareholders reject challenge from activist investor Alta Fox
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United statesMichael burnsLisa gershCarolyn johnsonEdward philipSalta foxTracy leinbachRichard stoddartElizabeth hamrenKenneth bronfinLinda zecher higginsLaurel richieRani hublouMarcelo fischerBlake jorgensenConnor haley

Toshiba studying going private as an option

Toshiba executives said Friday that privatization remains an option for the Japanese technology company, as they defended their efforts to choose the right bidder to restore what they called “a strong Toshiba.” Tokyo-based Toshiba has been trying to win over shareholders to a restructuring plan. The company has not given…

Satoshi tsunakawaJapan investment corpToshiba corpInstitutional shareholders servicesJerry blackTaro shimadaInvestment corpBain capital