#fiduciary-duty

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Peter Seidler's Padres Are A Family Business | Defector

Sheel Seidler's lawsuit against her late husband's brothers accuses them of fiduciary duty breaches regarding control of the Padres team.
#corporate-governance

Judge again rejects the Elon Musk Tesla pay plan now valued at $101 billion

The validity of Tesla's shareholder vote hinges on whether it is fully informed and uncoerced.

Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge

Banq's bankruptcy application dismissed as a tactic to evade creditor litigation, not a genuine effort for reorganization.

Opinion | Can Elon Musk Really Do That?

Elon Musk's recent statement about potentially developing technologies outside of Tesla if he doesn't have 25% of the voting shares has sparked discussions about corporate governance and fiduciary duty.
Musk's threat brings attention to the power dynamics between corporations, their boards, and their executives, highlighting the need for clarity in roles and responsibilities.

Judge again rejects the Elon Musk Tesla pay plan now valued at $101 billion

The validity of Tesla's shareholder vote hinges on whether it is fully informed and uncoerced.

Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge

Banq's bankruptcy application dismissed as a tactic to evade creditor litigation, not a genuine effort for reorganization.

Opinion | Can Elon Musk Really Do That?

Elon Musk's recent statement about potentially developing technologies outside of Tesla if he doesn't have 25% of the voting shares has sparked discussions about corporate governance and fiduciary duty.
Musk's threat brings attention to the power dynamics between corporations, their boards, and their executives, highlighting the need for clarity in roles and responsibilities.
morecorporate-governance

Flip Taxes: What Can Your Co-op Board Get Away With?

The board's plan to unilaterally increase the flip tax raises legal and ethical questions regarding shareholder approval and market implications.

PBGH CEO: Transparency is "Table Stakes" and an "Expectation" - MedCity News

Employers are increasingly held accountable for healthcare procurement, necessitating better access to claims data for improved medical benefits.

Only 1 in 3 Americans Trust Financial Planners - Here's How to Find the Actual Good Ones

Having a trusted financial planner significantly increases investment growth compared to self-management.

Florida Bar ex-president sued by divorce client for $1.1 million. Didn't pay bill, lawyer says

A former client alleges Miami attorney Dori Foster-Morales' legal malpractice caused her $1.1 million loss, while the attorney contends the lawsuit is retaliatory.

Expert witness used Copilot to make up fake damages, irking judge

AI's involvement in generating evidence does not automatically make it admissible in court, emphasizing traditional evidence standards.

Here's why HPE is pursuing Mike Lynch's family for $4 billion

HPE's CEO committed to pursuing justice against Mike Lynch's estate, reflecting fiduciary duty to shareholders despite the challenges following his death.

Exxon's Climate Fight With Investors Won't Be the Last

Investor-company climate change conflicts intensify as financial interests diverge.

Students at US universities file legal complaints over fossil fuel investments

University students file legal complaints alleging illegal investments in fossil fuels, citing breach of fiduciary duty and societal responsibility.

The Condo Board Is Ruining Our Building! How Do We Get Them Out?

Condominium owners facing issues with their board of managers can take steps to remove a board member if they believe they are not fulfilling their fiduciary duties.
The New York Condominium Act provides a provision for unit owners to call a special meeting to remove a board member if they have violated the governing documents.
Challenging the board's decisions in court can be difficult due to the business judgment rule, but boards can be held accountable if they act with gross negligence or in bad faith.

What Would Fiduciary Duty to the Community Look Like? - Non Profit News | Nonprofit Quarterly

The traditional approach of seeking only 'market rate' returns from investments is counterproductive and fails to address the historical extraction of wealth from marginalized communities.
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