Source: http://www.marcjlane.com/news/2012/10/08/in-the-news/representing-corporate-officers-directors-managers-and-trustees-second-edition-supplemented/
Timestamp: 2018-05-26 17:22:11
Document Index: 133333088

Matched Legal Cases: ['§ 1', '§ 3', '§ 2', '§ 2', '§ 2', '§ 9', '§ 11']

The author's careful examination of the terrain of the current business world with an experienced legal eye identifies these and other new landmarks of law for the busy director or officer. By logically laying out the new steps to safe corporate governance, the cases, tables, and checklists will comfort the veteran and neophyte alike.
Highlights of the 2012 Supplement
The 2012 Supplement to Representing Corporate Officers and Directors provides guidance to directors, officers, managers, and trustees about the new laws, rules and standards that affect them, including:
A new section, Crowdfunding under the Jumpstart Our Business Startups (JOBS) Act (§ 1.09).
A new section concerning the duty of care, where directors in Pennsylvania have additional protections compared to those in other states—especially Delaware (§ 3.25).
Attempts to require public companies to allow shareholders to nominate directors (§ 2.02[M]).
Prosecution of officers of FDA-regulated corporations (§ 2.03[G]).
“Say on Pay” shareholders votes and the Business Judgment Rule (§ 2.05[A]).
New sections concerning poison pill plans:
Defense against hostile takeovers (7.12[A])
Protecting a net-operating-loss carryover (7.12[B])
Expanded discussion of the SEC's new regulatory powers under Dodd-Frank (§ 9.01[A]).
Updated discussion of nonprofits and hybrid corporations, such as L3Cs and benefit corporations (§ 11.01).
The Table of Cases and Index have been extensively updated to reflect these additions and revisions.