News & Analysis as of

Corporate Governance Change of Control

Barnea Jaffa Lande & Co.

New Court Ruling: Terminating a CEO’s Employment After Controlling Shareholder Changes

Can a company dismiss its CEO after the controlling shareholder changes? This was the central question in a recent proceeding in which we represented an employer and its new controlling shareholder....more

Conyers

Too Radical For A Change? A Summary of Garofalo V Crisp And Ors

Conyers on

In Garofalo v Crisp and Ors [2024] EWHC 1737 (Ch), the English Court found that a higher evidential threshold should be applied when deciding whether or not to grant an exceptional interim relief for a change of management...more

Sheppard Mullin Richter & Hampton LLP

Delaware Supreme Court Adopts New Three-Prong Test for Demand Futility

In United Food & Commercial Workers Union & Participating Food Industry Employers Tri-State Pension Fund v. Zuckerberg, No. 404, 2020, — A.3d –, 2021 WL 3433261 (Del. Sept. 23, 2021), the Delaware Supreme Court adopted a new...more

Dorsey & Whitney LLP

OTCQX Proposed Rule Changes

Dorsey & Whitney LLP on

The OTC Markets Group published this week proposed amendments to the OTCQX Rules for U.S. Companies, U.S. Banks and International Companies. The rules will become effective on December 12, 2019; comments will be accepted...more

Bennett Jones LLP

Preparing for the Unsolicited Bid

Bennett Jones LLP on

Market volatility, the recent decline in commodity prices, or in some circumstances a combination of these factors, has resulted in a significant decline in the trading prices of many Canadian public companies relative to...more

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