Law Blog rounds up the morning's news.
Hedge fund manager Alphonse Fletcher, the husband of Ellen Pao, who has sued Kleiner Perkins Caufield & Byers for gender discrimination and retaliation, has been accused by a court-ordered bankruptcy trustee of inflating the value of his investments through fraud.
For a few hours last Sunday, e-flux’s Chinatown offices were bathed in red light as Free Cooper Union held an interpretive reading of the 41-page trustee meeting transcript first leaked to the Village Voice over the summer.
Chris Jackson speaks at a rally against cuts at CCSF. Mike Koozmin/SF Media Co. Democracy is a thing of the past at City College of San Francisco, and now one member of its elected board has had enough. City College Trustee Chris Jackson...Show More Summary
House Passes New Restriction on Eligible Lender Trustees The U.S. House of Representatives passed a third short-term extension bill for the Higher Education Act on Thursday that includes a provision placing new restrictions on college-bank partnerships. Show More Summary
``The 21 investors include BlackRock Inc, Metlife Inc, Allianz SE's Pacific Investment Management Company, the TCW Group and Bayerische Landesbank. Under the agreement, the trustees have until Jan 15 to accept the offer, which may be...Show More Summary
Keith Meister’s Corvex Capital, disclosed that the fund, together with Related Fund Management, will pursue the solicitation from the Arbitration Panel to remove the board of trustees of CommonWealth REIT (NYSE:CWH). The request for a record date will be sent until February 16, 2014, Corvex and Related stated in the notice sent to the company. Amid this […]
On Friday, firm leaders at Baker & Hostetler LLP, an 800-lawyer firm with Cleveland roots, and Philadelphia intellectual property boutique Woodcock Washburn LLP announced the two firms plan to combine.
(Reuters) - A planned $800 million settlement between Kingate Management, one of the largest investors in Bernard Madoff's fraud, and a court-appointed trustee recouping money for the swindler's victims has broken down, The Wall Street Journal said on...
Ugh: The university’s interim president, James E. Lyons Sr., had proposed dropping varsity sports as part of a broader package of cuts. But the trustees voted, 7 to 5, to delay action on disbanding intercollegiate sports teams and to seek other ways to find savings, The Washington Post reported. The...
The Board of Trustees of the International Center of Photography announced today that it has appointed Mark Lubell as its new Executive Director, effective immediately. Caryl Englander, Chair of the ICP Board, said, ?We are thrilled to welcome Mark as our Executive Director. Show More Summary
The board of trustees of the International Center of Photography (ICP) has named Mark Lubell to be its new executive director. He replaces Mark Robbins, who left the job as director of the museum and school after 19 months to become President and CEO of the American Academy in Rome. Lubell was Director of Magnum […]
The Board of Trustees of the Greater Cleveland Regional Transit Authority (RTA) has approved the purchase of 60 new CNG-powered buses, along with related training, special tools and spare parts from Gillig LLC, for $28,951,898
Keith Meister’s Corvex Capital reported, in a newly amended filing with the SEC, stated that according to a ruling by the arbitration panel Corvex and Related Fund Management will have to nominate a new independent board of trustees for CommonWealth REIT (NYSE:CWH). Show More Summary
``While this case may appear to be about Countrywide's lending practices, what's really on trial here is the role played in the settlement by Bank of New York Mellon, the trustee charged with protecting all investors in these securities. Show More Summary
``Courts have ruled that indirect Madoff investors are not allowed to seek recovery from the trustee... Approximately $2.2 billion of the new victim fund announced by prosecutors came via a Dec. 2010 civil forfeiture recovery from the estate of deceased Madoff investor Jeffry Picower, said Bharara. Show More Summary
By Rick Brundrett | The Nerve “The selection of a president is the single most important responsibility of the board.” So said David Wilkins, chairman of the Clemson University Board of Trustees on April 17, the day after longtime President Jim Barker announced his retirement. On Monday, the 124-year-old Upstate research university announced that its...
On the heels of “Trustees Week” in the UK, Minister for Civil Society Nick Hurd makes the case for why business leaders should encourage employees to get involved in the nonprofit sector as board members. In addition to benefits to the broader community, businesses ought to understand that board service offers fertile ground for leadership development.
APPLICATIONS NOW OPEN Up to $120,000 worth of scholarships The Trust Company is the proud Trustee for the Marten Bequest Travelling Scholarships, a scholarship programme that supports young Australian artists to help their careers flourish. Show More Summary
by Peter Baklinski November 15, 2013 (LifeSiteNews.com) – In case you missed it, Damian Goddard just released a second installment of his take on current affairs from his very own IgniteTV, run out of a high end studio in his basement. Two-and-a-half years after being fired from Rogers Sportsnet…