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Corporate officer duties: officers held to have same fiduciary duties as directors, but are more exposed to personal liability for lack of due care
- Squire Sanders
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- USA
- -
- February 26 2009
The Delaware Supreme Court recently expressly held that officers and directors of Delaware corporations owe essentially the same fiduciary duties of care and loyalty to corporations and their stockholders
Lyondell: a victory for corporate directors in the Delaware Supreme Court
- Squire Sanders
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- USA
- -
- May 20 2009
A recent decision by the Delaware Supreme Court in Lyondell Chemical Co. v. Ryan made several important clarifications about the nature of the fiduciary duties that corporate directors owe in connection with the sale of Delaware corporations
Delaware court criticizes board for selling public company at 45-percent premium
- Squire Sanders
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- USA
- -
- August 20 2008
A recent case from the Delaware Chancery Court (Ryan v. Lyondell Chemical Company, unpublished opinion Del.Ch. C.A. No. 3176-VCN, July 29, 2008) holds that even when a company secures a premium price in a sale, directors can be liable if they were not actively involved in the process
Indemnification of officers and directors
- Squire Sanders
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- USA
- -
- March 23 2010
It is common for private equity funds to have their principals serve as directors and sometimes also as officers of their portfolio companies
Shareholder derivative plaintiffs claiming demand excusal based on lack of director independence and disinterestedness face high hurdle
- Squire Sanders
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- USA
- -
- January 26 2010
The requirement that shareholders make a demand upon the company’s board of directors before proceeding with a derivative action is black-letter corporate law
Companies House: registration of charges: companies and limited liability partnerships
- Squire Sanders Hammonds
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- USA
- -
- October 4 2011
The Department for Business, Innovation and Skills (‘BIS’) has published (10 August 2011) the Government’s latest proposals for revising the existing regime, contained in the Companies Act 2006, relating to the registration of security created by companies and limited liability partnerships
Do investment bankers have fiduciary duties? It depends
- Squire Sanders
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- USA
- -
- October 7 2008
Almost anyone who reviews an underwriting agreement or engagement letter with a major investment banking firm for the first time stands back in awe
Current Search
- Jurisdiction - USA
- Workarea - Company & Commercial
- Workarea - Corporate Finance/M&A
- Firm Name - Squire Sanders