News & Analysis as of

Shareholders Quorum

International Lawyers Network

Establishing a Business Entity in Brazil (Updated)

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they ...more

International Lawyers Network

Establishing A Business Entity In Brazil (Updated)

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they are...more

International Lawyers Network

Establishing A Business Entity In Brazil (Updated)

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they are...more

Morris James LLP

Director to Attend Board Meeting Under False Pretenses to Meet Quorum Requirements Invalidated Board Action

Morris James LLP on

Delaware courts will use their equitable powers to invalidate otherwise valid board actions tainted by inequitable deception. Where a director is “‘tricked or deceived into attending a board meeting … the general rule is that...more

International Lawyers Network

Establishing A Business Entity In Brazil (Updated)

The two most common types of legal entities adopted in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are the most attractive types of companies since they are the only types of...more

International Lawyers Network

Establishing A Business Entity In Brazil (Updated)

The two most common types of legal entities adopted in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are the most attractive types of companies since they are the only types of...more

International Lawyers Network

Establishing A Business Entity In Brazil

The two most common types of legal entities adopted in Brazil are the limited liability company (“Limitada” or “Ltda.”) and the corporation (“S.A.”). These are the most attractive types of companies since they are the only...more

Jones Day

Loyalty Shares for Belgian Listed Companies: Fundamental Change on the Way

Jones Day on

The Background: On June 4, 2018, a draft law designed to substantially reform the Belgian Companies Code was submitted to the Belgian Parliament for review ("New Companies Code"). The Result: The New Companies Code seeks...more

Davis Wright Tremaine LLP

Alaska Legislature Approves Lower Quorum Requirements for Alaska Native Corporations

The Alaska state legislature recently passed a bill reducing quorum requirements for certain Alaska Native Corporations at their annual shareholder meetings. Under HB 149, which is expected to be signed into law by Alaska...more

Cadwalader, Wickersham & Taft LLP

Quorum Update: The Shareholder-Director Exchange Provides New Tools for Boards (Quorum, March 2014)

In the October 2013 issue of Quorum, Jim Woolery, Cadwalader’s Chairman-elect, noted that “the evolving dynamic between boards and the shareholders they serve presents new challenges that require a different set of tools in...more

Allen Matkins

A Corporate Governance Lesson From Pericles

Allen Matkins on

Before shareholders may take action at a meeting, a quorum must be established. See When The Best Offensive Strategy May Simply Be To Stay Home. The existence of a quorum does not guaranty that action has been validly taken...more

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