Introduction. I.The Influence of Levandusky v. One Fifth Avenue. A.The business judgment rule. B. Applying the business judgment rule to cooperative apartment corporations. II. Protecting Shareholder Interests: The Necessity of Governing Board Autonomy for Cooperative Apartment Corporations.Conclusion
During the ICBA National Convention and Techworld in Phoenix, AZ, last month, ICBA formally inducted a new slate of officers and executive committee members for 2009-2010. Mike Menzies, ICBA chairman, has served as a member of ICBA's board of directors, standing committees and service corporation boards for more than 20 years, and he says he looks forward to becoming the national ambassador for community banks during the coming year. James D. MacPhee, ICBA chairman-elect, has worked for Kalamazoo County State Bank for more than 40 years, serving as CEO for the past 18 years. Salvatore Marranca, ICBA vice chairman, has passionately shared his firsthand knowledge and experience as a community banker with a range of audiences on local, national and international levels. A former US Army ca...
CHELMSFORD, Mass., April 19, 2011 /PRNewswire/ -- Residents of Chelmsford are uniting behind an effort to recall four selectmen amongst evidence of corruption and malfeasance. After filing some 1,400 affidavit signatures on Tuesday requesting recall petitions, residents have until May 2 to submit the necessary 2,500 signatures to recall each Board member (10,000 in total for all four). In Chelmsford, proponents of the recall have provided evidence that former selectman Phil Eliopoulos used his position and influence to keep town officials in the dark while assisting his family to purchase land behind the Center Fire Station that was of interest to the town both as recreational space and to provide an area for low cost improvements to the fire station. After resigning as a selectman at t...
The recently revived Tennessee Technology Development Corp., plans to create several groups to encourage entrepreneurship and the growth of tech-related jobs in the state. Leaders of the state-backed corporation met recently in Oak Ridge, Tenn., and decided to create four separate boards to address four distinct aims, representatives said in a conference call with reporters Monday. The goals are:
During the last couple of decades, as Black folk amassed Ph.D's. Ed.'s and all sorts of terminal degrees; seats on Fortune 500 corporation boards, presidencies of those same companies, college and university presidencies; and owners of high tech businesses; some of us apparently thought racism had hung out a 'gone fishing' sign. In Chicago it's not the feds who remind us of racism's viability - it's the small-minded individuals who chose to spray paint "Nigger Beware" on a Black couple' garage on the Southwest Side. While the spray painting is not as egregious as the other two examples, it's a sound enough reminder that despite whatever progress Black folk have made, there's still much to do. As we have moved past the days of only being able to retain a Black real estate agent to show u...
...MEETINGS OF CORPORATION BOARDS OF DIRECTORS. At the top level of corporati...
Ceres, based in Boston, has just published "The 21st Century Corporation: The Ceres Roadmap for Sustainability" featuring 20 expectations for companies by 2020." (Visit www.ceres.org/Ceres- Roadmap to see the full report.)
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