Today the US Supreme Court ruled that any State into which sales of goods or services are made may collect a sales tax from the seller, even if that seller has no place of business or other contact within or … Continue reading
Stephen Honig
Public corporate boards used to quake at the prospect of an attack by the “activists.” These corporate “raiders” force management to abandon long-term strategy, sell off parts of their business, reduce R&D, increase prices, pump the stock value in the … Continue reading
Yes it is; bad news doesn’t always go away. In this morning’s e-mail updates for us corporate lawyers, two depressing items: First, the PCAOB (the agency overseeing the accounting for public companies) reported remarks on Friday from its deputy director … Continue reading
Golden Shares are equity interests with the power, within a corporate structure, to control a vote on some issue. Typically such shares are issued to creditors, who want to enforce superior rights in the event of a loan default, rather … Continue reading
At the end of last week, the Delaware Chancery Court refused to permit CBS independent directors to obtain a restraining order that would have prevented controlling shareholder Shari Redstone from interfering with the plan that the directors had devised to prevent … Continue reading
95 Points James Suckling: A wine with beautiful strawberry and chocolate with hints of pie crust. It’s full-bodied with super integrated tannins and a long, long finish. Needs at least four to five years to really come together but so … Continue reading
I have posted before about how dumb it is to care about the ratio of a CEO’s pay to the median pay of all public company employees. Even dumb ideas also generate unintended consequences, and now it is open season … Continue reading
When adding non-profit directors, the key attributes are finding people who have a passion for the mission, who work well with others in groups, who feel empowered to ask questions and not just go with the flow, who can assist … Continue reading
The fourth panel on May 3 discussed aging and wealth from the standpoint of the “financial solutions provider” (the investment product provider). Representatives of Allianz, PIMCO, Empower Retirement and Eaton Vance suggested the following: A hot topic in … Continue reading
The third May 3 panel discussed wealth and aging from the vantage point of leading financial advisors. Four successful on-the-ground advisors offered the following perceptions of the advisory business, prodded by observations from Professor Joe Coughlin, director of the … Continue reading