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Business-Judgment Rule Applied in New York to Going-Private Transaction with Procedural Protections
2014-11-24 18:10:49| Apparel - Topix.net
The New York Appellate Division, First Department, ruled Thursday that the business-judgment rule not the entire-fairness standard of review can apply to a going-private transaction with the majority shareholder where the majority shareholder did not participate in the board's vote on the merger, the remaining directors were not alleged to be self-interested, and the merger required the approval of the majority of the minority shareholders. In re Kenneth Cole Productions, Inc. Shareholder Litigation , Index No.
Business-Judgment Rule Applied in New York to Going-Private Transaction with Procedural Protections
2014-11-24 17:56:43| Footwear - Topix.net
The New York Appellate Division, First Department, ruled Thursday that the business-judgment rule not the entire-fairness standard of review can apply to a going-private transaction with the majority shareholder where the majority shareholder did not participate in the board's vote on the merger, the remaining directors were not alleged to be self-interested, and the merger required the approval of the majority of the minority shareholders. In re Kenneth Cole Productions, Inc. Shareholder Litigation , Index No.
Senator Wants Answers on Whisper's Privacy Protections
2014-10-24 20:02:26| PC Magazine Security Product Guide
Sen. Rockefeller requested that Whisper meet with Senate Commerce Committee staff to address his concerns.
Tags: privacy
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Senator Wants Answers on Whisper's Privacy Protections
2014-10-24 18:03:19| PC Magazine Software Product Guide
Sen. Rockefeller requested that Whisper meet with Senate Commerce Committee staff to address his concerns.
Tags: privacy
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White House pushes climate protections for natural resources
2014-10-09 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Hill: The White House launched a set of initiatives aimed at protecting natural resources like landscapes and water from the effects of climate change. The actions center around making natural resources resilient to climate change, improving plants and ecosystems that capture carbon dioxide and better incorporating natural systems into infrastructure and communities, the White House said Wednesday. The plan identifies a suite of actions the federal government will take to enhance the resilience...
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