Category Archives: Uncategorized

On September 1, 2009, the New York Stock Exchange announced that it would form a Commission on Corporate Governance to address U.S. corporate governance and the proxy process.  In creating the Commission the NYSE sought to include a diverse group … Continue reading →

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 →

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

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 →

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 →