Page 2 - ஏனெனில் பிரிவு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from ஏனெனில் பிரிவு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In ஏனெனில் பிரிவு Today - Breaking & Trending Today

Committee Authority To Authorize Share Repurchases | Allen Matkins


To embed, copy and paste the code into your website or blog:
Section 311 of the California Corporations Code authorizes the creation of one or more committees.  Unlike Delaware, a committee of the board must have two or more members.  The board of directors may vest all of the authority of the board in a committee except with respect to seven specified actions.  One of these actions is authorization of a distribution to the corporation s shareholders.
Because Section 166 defines distribution to its shareholders to include a corporation s purchase or redemption of its own shares, a board may not delegate to a committee of the board its authority with respect to share repurchases.  The statute, however, includes an exception to the limitation.  Subdivision (f) of Section 311 permits such a delegation if the repurchase or redemption is within a price range set forth in the articles or determined by the board .    ....

United States , Allen Matkins , Exchange Commission Rule , California Corporations Code , Unlike Delaware , Exchange Act , Because Section , ஒன்றுபட்டது மாநிலங்களில் , ஆலன் மாட்கீன்ஸ் , பரிமாற்றம் தரகு ஆட்சி , கலிஃபோர்னியா நிறுவனங்கள் குறியீடு , போலல்லாமல் டெலாவேர் , பரிமாற்றம் நாடகம் , ஏனெனில் பிரிவு ,

Ninth Circuit Holds Omnicare's Standard For Falsity Of Opinion Applies To Claims Under Section 14(A) Of The Exchange Act - Corporate/Commercial Law


To print this article, all you need is to be registered or login on Mondaq.com.
On April 20, 2021, the United States Court of Appeals for the
Ninth Circuit affirmed the dismissal of a putative securities class
action against an information technology security company (the
“Company”), its chief executive officer, and Board of
Directors (the “Directors”), alleging that a proxy
statement issued in connection with a sale of the Company violated
Sections 14(a) and 20(a) of the Securities Exchange Act of 1934
(the “Exchange Act”) and Rule
14a-9.  
Golub v. Gigamon Inc., No. 19-16975 (9th
Cir. Apr. 20, 2021).  In a unanimous decision, the Ninth ....

United States , Virginia Bankshares Inc , Gigamon Inc , United States Court , Laborers District Council Construction Industry Pension , Omnicare Inc , Company Board , Securities Exchange , Ninth Circuit , Securities Exchange Act , Fourth Circuit , Paradise Wire , Defined Benefit Pension Plan , District Council Construction Industry Pension , Securities Act , Exchange Act , Virginia Bankshares , Because Section , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா வங்கி பங்குகள் இன்க் , ஒன்றுபட்டது மாநிலங்களில் நீதிமன்றம் , ஓம்நிகரே இன்க் , நிறுவனம் பலகை , பத்திரங்கள் பரிமாற்றம் , ஒன்பதாவது சுற்று , பத்திரங்கள் பரிமாற்றம் நாடகம் ,

Fee Shifting May Be New To Delaware, But It's Old Hat In California | Allen Matkins


To embed, copy and paste the code into your website or blog:
Writing for DealLawyers.com, John Jenkins yesterday took note of the Delaware Court of Chancery s decision in 
Pettry v. Gilead Sciences, (Del. Ch.; 11/20).  Quoting this Cleary Gottlieb blog, John observes that
Pettry introduces a new element of risk that companies need to consider when considering their response to these requests – the possibility of an award of attorneys’ fees to the plaintiff .
That risk has existed under California s General Corporation Law since 1977.  Section 1604 provides:
In any action or proceeding under Section 1600 or Section 1601 [other records], if the court finds the failure of the corporation to comply with a proper demand thereunder was without justification, the court may award an amount sufficient to reimburse the shareholder or holder of a voting trust certificate for the reasonable expenses incurred by such holder, including attorneys’ fees, in connect ....

United States , Cleary Gottlieb , John Jenkins , Allen Matkins , Delaware Court , Gilead Sciences , Corporation Law , General Corporation Law , Because Section , Superior Court , ஒன்றுபட்டது மாநிலங்களில் , தெளிவானது காட்‌லீப் , ஜான் ஜென்கின்ஸ் , ஆலன் மாட்கீன்ஸ் , டெலாவேர் நீதிமன்றம் , கிலியட் அறிவியல் , நிறுவனம் சட்டம் , ஜநரல் நிறுவனம் சட்டம் , ஏனெனில் பிரிவு , உயர்ந்தது நீதிமன்றம் ,