News & Analysis as of

Directors Resignation

Walkers

BVI Business Companies (Amendment) Act 2022 - Summary of Key Changes

Walkers on

BVI Business Companies (Amendment) Act revisions effective 1 January 2023 - The BVI Business Companies (Amendment) Act, 2022 (“BCA Amendment Act”) which amends the BVI Business Companies Act, as amended (the “BCA”) was...more

Walkers

BVI Business Companies (Amendment) Act 2022 - Summary of Key Changes

Walkers on

BVI Business Companies (Amendment) Act revisions effective 1 January 2023 - The BVI Business Companies (Amendment) Act, 2022 (“BCA Amendment Act”) which amends the BVI Business Companies Act, as amended (the “BCA”) was...more

K&L Gates LLP

Corporations Act Changes Affecting Director Resignations

K&L Gates LLP on

On 18 February 2021, changes to the Corporations Act 2001 (Cth) in relation to director resignations made by the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (Cth) will take effect. The new provisions...more

Clark Hill PLC

Will CFPB Director Richard Cordray's Resignation Usher in a New Era of Financial Services Regulation?

Clark Hill PLC on

On Wednesday, November 15, 2017, Richard Cordray, the confirmed Director of the Consumer Financial Protection Bureau ("CFPB" or "Bureau") as of July 16, 2013, revealed that he will leave that position by the end of the month....more

BakerHostetler

Cordray to Resign as CFPB Director

BakerHostetler on

In an email to CFPB staff on Wednesday, Director Richard Cordray announced that he will resign by the end of November. Although it is rumored that Director Cordray will run for governor of Ohio, he did not specify his future...more

Hinshaw & Culbertson LLP

CFPB Director Richard Cordray Resigning

Hinshaw & Culbertson LLP on

In news that is still breaking, the first and only Consumer Financial Protection Bureau director, Richard Cordray, has announced he will be resigning at the end of this month....more

Allen Matkins

This Company Solicited Consents To Remove A Sitting Director

Allen Matkins on

It’s not often that you see a company soliciting consents to remove one of its sitting directors. However, that is what PICO Holdings, Inc. sought to do in this consent solicitation statement filed with the SEC on October...more

Cooley LLP

Blog: How to Handle Changes on Your Board of Directors

Cooley LLP on

Board members tend to stay with companies for a relatively long time, but, like employees, sometimes it makes sense for a board member to leave. Here is what I try to do when a board member departs: - Clear...more

Akin Gump Strauss Hauer & Feld LLP

Delaware Supreme Court: Directors May Resign by Oral Statement

Last month, in Biolase, Inc. v. Oracle Partners, L.P. (Del. June 12, 2014), the Delaware Supreme court affirmed the oral resignation of a director while on a board call....more

Allen Matkins

Why Biolase v. Oracle Partners, L.P. May Not Be The Last Word On Resignations

Allen Matkins on

Yesterday, I mentioned the Delaware Supreme Court’s recent holding in Biolase, Inc. v. Oracle Partners, L.P., 2014 Del. LEXIS 278 (Del. June 12, 2014). In an opinion written by Chief Justice Leo E. Strine, Jr., the Supreme...more

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