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June was a busy month for state legislators, courts and the President. On May 31, 2019, in Stein v. Blankfein, et al., the Delaware Court of Chancery reaffirmed the Delaware Supreme Court’s holding in In re: Investors...more
On October 18, 2018, the New York State Court of Appeals partially invalidated the Department of Health’s Executive Order 38 regulations governing executive compensation. The result of the decision is that providers subject...more
Those powerful words were spoken by New York Governor Andrew M. Cuomo just over two years ago in his announcement of the formation of a task force to combat excessive executive compensation at not-for-profit corporations that...more
Implementing Executive Order 38, which was issued by Governor Andrew Cuomo early last year, thirteen New York State agencies have released final regulations placing limits on state funds that can be used for administrative...more