As I reach the halfway point in my term on the American Chemical Society Board of Directors, I have begun reflecting on the activities of the board and what I have learned. I remember one of the first ...
The culture of the boardroom can make or break a director’s ability to fulfil their duties Read more at The Business Times.
Board meetings often follow a predictable routine: reviewing financial statements, hearing brief departmental updates, asking the CEO a few questions and then breaking for lunch. In my experience, if ...
Community associations are nonprofit corporations, governed by the North Carolina Nonprofit Corporation Act. The law provides that nonprofit corporations, including community associations, must "act" ...
The duties of the directors and officers in companies, are governed by the provisions of the company law, the articles and memorandum of association of the company and, moreover, the corporate ...
Earlier this year, the FDIC, acting as receiver for Silicon Valley Bank (“SVB”), filed a breach of fiduciary duty lawsuit against six officers and eleven directors of the bank. The FDIC alleged that ...