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Court Voided Board Approval of Book Value Stock Issuance to Director

Introduction The founder of a company often wants to pass the business on to his kids when he or she is ready to slow down. The founder also often wants to control the business after the transfer. That is what

Posted in doing deal with company's officer or director, fair insider deal Tagged with: , ,

Court finds that a CEO of buyer had no duty to disclose speculative patent infringement litigation when CEO sold thermometer technology to buyer from CEO’s selling company

Buyer is a public company with its principal place of business in Lafayette Parish, Louisiana. Buyer, through its subsidiaries, engages in sale and distribution of medical devices; and sale of branded generic pharmaceutical drugs in the United States and the

Posted in doing deal with company's officer or director, officer or director's fiduciary duty to disclose

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