A corporate entity is regarded by the law as a “person” for purposes of standing to sue and be sued, but an organization, whether corporation, partnership, governmental organization, or other entity, ...
The corporate designee should be asked whether the product changes were undertaken to make the product safer and prevent future accidents. In some cases, corporate designees are determined to testify ...
On December 3, 2020, the Securities and Exchange Commission (SEC) adopted new rule 2a-5 ("Rule 2a-5") under the Investment Company Act of 1940, as amended ("1940 Act") addressing valuation practices ...
In the case of an investor with a board designee, the Court of Chancery in Witmer clarified that it must be both. Specifically, the court rejected the plaintiff’s claim that the investor’s access to ...