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Board of Directors Single Director

Allen Matkins

When A Director Is Unfit For Duty

Allen Matkins on

The California General Corporation Law includes two provisions providing relief when a director is incompetent and/or felonious.  Section 302 of the Corporations Code permits the board of directors to declare vacant the...more

Goodwin

Fifth Circuit Panel Concludes FHFA Single-Director Structure is Unconstitutional

Goodwin on

On July 16, 2018, in Collins et al. v. Federal Housing Finance Agency et al. (No. 17-20364), a Fifth Circuit panel ruled that the single-director structure of the Federal Housing Finance Agency (FHFA) is unconstitutional. The...more

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