You will recall that the Dodd Frank Act in 2010 charged the SEC with propounding a regulation requiring disclosure of the relative pay of reporting company CEOs to the median worker in his or her company. This was part of the effort to … Continue reading
Category Archives: The Law
Directors of non-profit organizations generally take their responsibilities seriously. But directors of non-profits are motivated by fulfilling the mission, often while facing serious financial pressures. All directors, including those of non-profits, are protected from lawsuits for breach of fiduciary duty … Continue reading
Sensata Technologies, a $3Billion New York Stock Exchange-listed manufacturer of sensors, grew last year through several acquisitions which added over $750,000,000 in revenue. Hans Lidforss, senior vice president of strategy and M&A, explained his approach at a May 21st Boston … Continue reading
Last week, I was speaker at a program at Massachusetts Continuing Legal Education, a Boston-based non-profit bringing new developments and best practices to members of the Bar. The discussion among panelists and attendees bubbled up a few interesting observations: First, … Continue reading
The Delaware Supreme Court on May 14th held that independent directors, who approved a going private transaction by which a controlling shareholder freezes out the minority, must be dismissed from shareholder litigation claiming inadequate price unless the complaint alleges specific … Continue reading
A few years ago, virtually all hospital patients in the United States were billed on a fee-for-service basis. Today at Beth Israel Deaconess Medical Center in Boston (a two billion dollar operation), only about one-third of patients are charged on … Continue reading
At business breakfasts, why do hotels put out huge bread baskets of rolls and buns when no one in a suit will touch them at that hour in the morning? What do they do with the untouched food, I wonder. … Continue reading
What do you do with an expanding young company, led by a visionary founder, when the time comes to replace that visionary with a CEO who has an eye on the “bottom line?” This and other knotty interpersonal issues, … Continue reading
The Supreme Court, by the end of June, must rule whether the State of Texas can refuse to grant a “specialty” license plate to the Sons of Confederate Veterans. Texas has a program to allow the names and logos of … Continue reading
Last Tuesday, the Supreme Court heard appeals from a decision which supported bans against same sex marriage in four states. The questions were: does the Constitution require all states to license same sex marriages and, if not, must a state … Continue reading