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Jeff Smulyan and his financial partner have paved the way to complete their $90 million Emmis Communications Corp. buyout by seizing on a little-used provision of state law that excuses the company's board from having to vote on the proposal. "Why would the special committee of the board of directors of a struggling public company in a struggling industry spurn repeated efforts to take the company private at a substantial premium?" asked New York based First Eagle Investment Management.
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A natural gas company has asked South Fayette's zoning board to overturn a 2010 law it says enacts a de facto ban on drilling in the township. Range Resources petitioned the board on Tuesday, saying the restrictions strip the company's right to drill on 4,000 acres it has leased in the township. South Fayette's ordinance, enacted on Nov. 15, bans drilling within certain distances of homes, schools, streams, ponds, gas stations, mobile home parks, day cares, hospitals and nursing homes. The distances range from 300 feet to 2,500 feet.
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If the bus company is substantially funded by the school board, has school board members (or officials) in management positions, has significant school board control over its functions, performs what is ordinarily deemed a public service in the jurisdiction in question, or otherwise functions as a quasi-public entity, it could be considered a public entity subject to sunshine laws. In Pennsylvania, you will probably not be able to access the personnel records held by the private bus company, although records of criminal convictions are public records and should be accessible via the county court system or, if you know the names and dates of birth of the bus drivers, through a state police web-based criminal history record system. For example, in California, the shield law specifically...
