RESULTS FOR POST TAG: corporate governance
Feb. 20, 2011 – J. Marc Ward, Iowa LLC Blog
In a comprehensive, 153-page ruling, Chancellor Chandler provides a detailed overview of the responsibilities of a target board when faced with a structurally non-coercive, all-cash, fully financed hostile takeover.
Feb. 17, 2011 – J. Marc Ward, Iowa LLC Blog
HSB 42 would amend the Iowa Business Corporation Act to mandate that publicly-held Iowa corporations have staggered terms for board of directors and only permit directors of such boards to be removed for cause. The ISBA Business Law Council opposes the bill because it is contrary to the principle that shareholders should have a say in all fundamental corporate governance issues.