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
Category Archives: The Law
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
The second panel on wealth and aging discussed financing retirement through the lens of the asset management firm, with participants from the highest executive levels of Putnam, MFS, BOA, Columbia Threadneedle and BlackRock. Major take-aways: Placing retirement costs … Continue reading
This is the first of four posts based on panels convened in Boston on May 3 by Big Brothers/Big Sisters of Massachusetts Bay. In conjunction with a fund-raising event, BBBS presented four discussion forums on how society, and individuals, … Continue reading
Some facts: Per the National Institute of Standards and Technology of the Department of Commerce, the biggest risk in maintaining cyber security is that people suffer from “security fatigue.” We are tired of all those passwords and security questions and … Continue reading
The formal title of this blog site is Law and Other Anomalies. An anomaly is something that is incongruous and inconsistent. Welcome to Delaware business law. Let us say your are a fund investing in a Delaware corporation; you have … Continue reading
This last cold, gray drizzling day of April here in Boston might as well be the day on which we discuss bankruptcy, itself a gray subject. I am sure all readers are fascinated by waivers in bankruptcy proceedings, so do read … Continue reading