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General Motors Board of Directors

Jones Day

Red Light for New Activist Strategy

Jones Day on

Earlier this month, General Motors ("GM") won a decisive victory in a proxy contest waged by Greenlight Capital, the activist fund headed by David Einhorn. Greenlight claimed that GM's shares, which were trading at a price...more

Dorsey & Whitney LLP

A Call to Action: Leading Executives Issue “Commonsense Principles of Corporate Governance”

Dorsey & Whitney LLP on

Citing the importance of publicly owned companies to the U.S. economy, a group of thirteen leading executives issued a set of principles, on July 21, 2016, outlining their vision for the critical elements of good corporate...more

Morris James LLP

Court Of Chancery Explores Risk Management Duties

Morris James LLP on

As this decision notes, only if a Board is consciously failing to follow its duty is the Board potentially liable for a failure to monitor risk and the resulting harm to the corporation. That in turn requires some sort of...more

The Volkov Law Group

When Does a CCO Need to Walk the Dotted Line to the Board?

The Volkov Law Group on

Johnny Cash was a singer for the ages — little did we know one of his great songs — Walk the Line was meant for Chief Compliance Officers. Every CCO has (or should have) the authority to report directly to the board...more

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