article thumbnail

Independent Director: Roles, Qualification, and Corporate Governance

Peak Frameworks

Given their growing influence, understanding their purpose, qualifications, and challenges can offer insight into the operational mechanisms of major corporations. Definition and Concept of an Independent Director This independence allows them to provide an unbiased perspective, making them an essential component of good corporate governance.

article thumbnail

Delaware Court Of Chancery Validates Ratification Of Defective Corporate Acts Impacting Merger And Declines To Expand Universe Of Claims Classified As Both Direct And Derivative

Shearman & Sterling

Charles Almond as Trustee for the Almond Family 2001 Trust v. § 204) and asserted a counterclaim for judicial validation of the defective corporate acts (under 8 Del. Glenhill Advisors LLC, C.A. 10477-CB (Del. § 205). Separately, the Court rejected breach of fiduciary duty claims unrelated to the merger.

Mergers 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Delaware Court Of Chancery Validates Ratification Of Defective Corporate Acts Impacting Merger And Declines To Expand Universe Of Claims Classified As Both Direct And Derivative

Shearman & Sterling

Charles Almond as Trustee for the Almond Family 2001 Trust v. § 204) and asserted a counterclaim for judicial validation of the defective corporate acts (under 8 Del. Glenhill Advisors LLC, C.A. 10477-CB (Del. § 205). Separately, the Court rejected breach of fiduciary duty claims unrelated to the merger.

Mergers 52
article thumbnail

Shareholders: Definitions, Role, and Types

Peak Frameworks

By owning a share, they own a slice of the corporation, entitling them to a claim on a part of the company's assets and earnings. Roles of a Shareholder Shareholders are pivotal to a corporation and their decisions can significantly shape the direction of the company.

Shares 52
article thumbnail

Elevating Expertise: Senior Advisor Spotlight, Doug Rodgers

Focus Investment Banking

Now serving as Chairman Emeritus, he was FOCUS’s CEO and Managing Partner from 2001-2018.When In addition to Corcentric, he had also served as CEO of Global Software Corporation and Perfection Equipment Company, as founding director of a national bank, and as Vice President of business development for a major real estate developer.

M&A 52
article thumbnail

Drinks With The Deal: Debevoise’s Levitsky on Journey From Public Service to Private Practice

The Deal

Levitsky came to corporate practice in an unusual way, as he explained in this week’s Drinks With The Deal podcast. That experience taught Levitsky a number of lessons that he continues to use as an M&A and private equity lawyer at Debevoise & Plimpton LLP, where he has practiced since 2001. “I Jonathan E.

article thumbnail

On the Hunt: NMI Builds, Buys Payments Tech Stack

The Deal

“Our corporate strategy has been to enable payments from signup to payout,” said Kate Hampton, chief strategy officer of NMI, or Network Merchants LLC. Founded in 2001, NMI has had to respond to technology changes in payments over the decades, including the emergence of disruptive payments companies such as Stripe Inc.