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Special Report on

Legal issues for directors

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The Urban Development Law Clinic (UDLC) offers students the opportunity to practice law by providing legal services to a variety of neighborhood based nonprofit corporations involved in community economic development, producing and managing affordable housing, and other matters important to inner-city neighborhoods and their residents. Clinic students work on real-world legal and corporate governance issues under the direction of the Clinic's staff attorneys. Recent projects include the following: UDLC assisted a client in acquiring environmentally contaminated land for clean-up and reutilization in conjunction ...
in April 2008, based on monthly unique visitors. MySpace employs 1,000 employees, after laying off 30% of its workforce in June 2009; the company does not disclose revenues or profits separately from News Corporation. The 100 millionth account was created on August 9, 2006, 2 in the Netherlands. 3 Cite error: There are tags on this page, but the references will not show without a {{Reflist}} template or a tag; see the .
Seven Key Questions When Buying a Business in Difficulty
Periods of economic difficulty can present great opportunities for acquiring businesses at bargain values. But buying assets from a business in difficulty does have its particular risks, such as dealing with a rompala clause, and requirements, such as using a business loan broker. This article sets out seven key questions to ask yourself before doing any deal. 1 When are you buying and who from? You may decide to buy assets from a company which is in difficulty, but before it goes into any form of insolvency process and is still under its directors' control. If an Insolvency Practitioner ('IP') is subsequently ... market research, surveys and trends
Going Public: A Guide For North American Companies - ...
Taking a company through a public offering on a US securities market is a major undertaking � at once a source of pride, an opportunity for business growth and a significant legal responsibility. In anticipation of going public, it is a good idea to establish and develop a corporate environment and infrastructure necessary to support a publicly held company prior to listing. This includes addressing housekeeping issues, such as organizing financial records, establishing or reviewing internal controls, and reviewing company bylaws and stock option plans. Prior to going public, a company should consider establishing and reviewing ... market research, surveys and trends


2006 State Homeland Security Directors Survey
For example, more than 50 percent of homeland security directors report ..... administrative functions, and legal issues. When a governor declares a ... industry trends, business articles and survey research
Microsoft Proposes Acquisition of Yahoo! for $31 per Share ...
Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders, better choice and innovation for customers and partners REDMOND, Wash. — Feb. 1, 2008 — Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s ... industry trends, business articles and survey research
Southern National Bancorp of Virginia Inc. Reports Earnings of $1.0 Million ...
the holding company for Sonabank, announced today that net income for the quarter ended June 30, 2010 was $1.0 million and $2.1 million for the six months ended June 30, 2010 compared to $23 thousand and $549 thousand during the second quarter and the first six months of 2009. Earnings in the second quarter and first half of 2009 were adversely impacted by other than temporary impairment ("OTTI") charges of $863 thousand before tax on several of Sonabank's trust preferred securities. There were no OTTI charges on the trust preferred securities this quarter. Net Interest Income Net interest income was $6.4 million ... market trends, news research and surveys resources
City Holding Company Announces Second Quarter Results
a $2.6 billion bank holding company headquartered in Charleston, today announced net income per diluted share for the second quarter of $0.68 compared to $0.64 per diluted share in the second quarter of 2009. Net income for the second quarter of 2010 was $10.7 million compared to $10.1 million in the second quarter of 2009. For the second quarter of 2010, the Company achieved a return on assets of 1.60%, a return on tangible equity of 16.7%, a net interest margin of 4.22%, and an efficiency ratio of 52.0%. For the first six months of 2010, the Company achieved a return on assets of 1.51%, a return on tangible equity of 15.6%, ... market trends, news research and surveys resources


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and improved training on legal issues for directors, support staff, hospitals, and healthcare providers. As requested by one director: ''I would like to see ... technology research, surveys study and trend statistics
Contents - Wisconsin Department of Public Instruction Homepage
is being drafted and developed by the Division for Libraries, Technology and Community Learning ©Copyright 2008, Wisconsin Department of Public Instruction. Links are provided below to those chapters that have been reviewed by the advisory panel, but the documents should still be considered to be drafts. As more chapters are drafted, reviewed, and corrected, they will be posted and linked to this DPI Website. If you have questions or comments, please direct them to John DeBacher, Public Library Administration Consultant, DPI, (608) 266-7270, Foreword Acknowledgments Introduction Administrative ... technology research, surveys study and trend statistics
A Guide to Director Independence
Bruce F. Dravis is a partner at the Sacramento law firm, Downey Brand LLP. He specializes in business representation, with an emphasis on public and private securities transactions, regulatory compliance, and corporate finance and operation. Mr. Dravis is a graduate of Boston University School of Law. Q: Bruce, the American Bar Association has just published your you are in the process of writing a book on the subject of director independence, "Independent Directors Guidebook". What developments led to the writing of this book and what is its goal or purpose? A: Multiple elements in my background led me to create this ...
WikiAnswers - How many board of directors are required for a stock ...
How many board of directors are required for a stock corporation and if it had 2 bod and 2 stockholders but one died now stock is held by 4 people can bod still be only 2 people or do you need more? This is a matter of state law, so there may be literally 50 different answers to your question. However, a good place to start would the be website for the secretary of state or department of corporations for state. Shareholders elect the board of directors and interim appointments are usually discussed in the bylaws. Read the bylaws and you should find the answers to your questions. First answer by Chslaw . Last edit by Chslaw ...
Nonprofit Law: Removing Entire Board of Directors of 501(c)3 ...
I am a member of a non-profit 501(c)3 animal rescue shelter in Florida.  Until recently, the Board of Directors was voted in by the shelter members at the annual meeting every January.  Directors had staggered two year terms.  Some other members and I have discovered that the B.O.D. amended the by-laws a few months ago and removed all voting rights of members.  The by-laws were amended to now state that a director can only be removed by resignation or by a majority vote of the rest of the directors of the Board, and directors will only be added to the Board by invitation from the existing Board.   Last ...