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The Law and Other Anomalies

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Author Archives: Stephen Honig

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“Occupy” and the Underlying Economics

Posted on November 9, 2011 by Stephen Honig

I don’t want to re-engage here the by now much-overworked debate as to whether there is a coherent message or an identifiable plan emerging from the “occupy” movements, or whether those movements will survive the winter snows of Boston or … Continue reading →

Posted in I've Been Thinking

Seize the Day–and the Computer

Posted on November 9, 2011 by Stephen Honig

On November 3, 2010 a US citizen returning to Cambridge, MA from a trip to Mexico was questioned at the airport by the Department of Homeland Security.  It is not clear where Homeland Security gets its lists of suspicious folks … Continue reading →

Posted in The Law

Do Directors Matter?

Posted on November 3, 2011 by Stephen Honig

The National Association of Corporate Directors reports the median pay of a Fortune 200 director at $228,058, a tidy sum although not nearly enough if a derivative suit is filed against the board.  NACD does not report on any relationship … Continue reading →

Posted in The Law

Companies Should not Whistle at Whistleblowers

Posted on November 3, 2011 by Stephen Honig

Public companies are required by Sarbanes Oxley to avoid adverse employment action against employees who in good faith suggest that certain laws are being violated by their employer.  The enforcement of anti-retaliation protections rests in a Review Board of the … Continue reading →

Posted in The Law

Decline and Fall

Posted on October 26, 2011 by Stephen Honig

Today I write about the breakdown of the American social compact. The Congress cannot engage in dialog on important issues.  We do not speak to each other, we do not listen.  Republicans stonewall.  The President campaigns rather than inspires a … Continue reading →

Posted in The Law

When Corporate Directors Should Get Proactive

Posted on October 18, 2011 by Stephen Honig

At this morning’s meeting of the New England Chapter of the National Association of Corporate Directors, the panel of senior board members  counseled a level of board activism that is at odds with the common wisdom that directors should set … Continue reading →

Posted in The Law

Baseball only for Red Sox Fans

Posted on October 13, 2011 by Stephen Honig

On this morning’s drive in, radio said Big Papi is looking to NY Yankees, is tired of the “drama” in Boston.  Is that a plausible excuse for jumping for the money?  Is it better than Roger’s?  How about Damon’s?  It … Continue reading →

Posted in Baseball

Shareholder nomination of public company directors

Posted on October 11, 2011 by Stephen Honig

There seems to be some confusion about what has happened to the movement to compel public companies to place shareholder nominees on the ballot for directorships.  Let me try to sort out the state of play: 1. Federal nomination rule defeated: … Continue reading →

Posted in The Law

Say on Pay: You don’t say!

Posted on October 11, 2011 by Stephen Honig

The SEC has mandated public companies to vote at least every three years on executive comp; shareholders must take a nonbinding (advisory) vote on whether they approve comp levels and golden parachutes.  The idea is, no doubt, to pressure the board … Continue reading →

Posted in The Law

Yankee Executive Suite, the next morning

Posted on October 7, 2011 by Stephen Honig

Cashman (nervously): So, Georgie ,did you happen to catch the game last night? Young Steinbrenner (annoyed):  What, are kidding or something?  And don’t call me Georgie. Cashman (slightly abashed): We didn’t look too good, did we? Young Steinbrenner (coldly): That’s … Continue reading →

Posted in Baseball

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Copyright © , Steve Honig. All Rights Reserved.
Stephen Honig at Duane Morris LLP
100 High Street
Suite 2400
Boston, MA 02210

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The statements and views expressed in this posting are my own and do not reflect those of my law firm, are intended for general informational purposes only, and do not constitute legal advice or a legal opinion.
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