Monthly Archives: October 2010

A shoe waiting to drop

Many companies with defined benefit pension plans are using unrealistic projections for the future income from portfolio investments, which in turn conceals the extent of underfunding.  Last month David Zion of Credit Suisse issued a report on the defined benefit … Continue reading

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Another Article on Outsourcing

\”Legal Outsourcing: Time to Take things Outside?\”

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SEC delays effectiveness of new proxy rules

On October 4, 2010, the Securities and Exchange Commission announced a delay in the effectiveness of its recently adopted proxy access rules, scheduled to take effect on November 15, 2010.   The new proxy rules, which apply to all U.S. companies … Continue reading

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Point to Consider

There are many situations where approval by the directors of a corporation is important.  For example, complete and accurate minutes of Board meetings can be vital as a defense against unfavorable tax consequences.   The minutes may serve as proof of … Continue reading

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