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New York Court Shows Leniency in Dismissal of Going-Private Buyout Claim
2014-12-01 04:12:57| Food - Topix.net
A four-page opinion from an appellate court in New York suggests a way to insulate companies and their boards from lawsuits in going-private transactions. The decision stems from the 2012 buyout of Kenneth Cole Productions Inc. by its namesake chairman and founder.
New York Court Shows Leniency in Dismissal of Going-Private Buyout Claim
2014-12-01 04:00:25| Footwear - Topix.net
A four-page opinion from an appellate court in New York suggests a way to insulate companies and their boards from lawsuits in going-private transactions. The decision stems from the 2012 buyout of Kenneth Cole Productions Inc. by its namesake chairman and founder.
Uber Punishes New York Manager Accused of Privacy Violations
2014-11-30 23:01:32| PC Magazine Software Product Guide
Uber has taken "disciplinary actions" against New York general manager Josh Mohrer based on accusations that he accessed Uber customer data without a legitimate business need.
Tags: privacy
york
manager
violations
Eagan office building sold to New York REIT
2014-11-27 01:45:20| Real Estate - Topix.net
Midcontinent Independent System Operator Inc., or MISO, moved from St. Paul to 2985 Ames Crossing Rd. in Eagan this year. Real estate investment trust W.P. Carey Inc. purchased a 60,000-square-foot office building in Eagan, the company announced Tuesday.
Tags: office
york
building
sold
Business-Judgment Rule Applied in New York to Going-Private Transaction with Procedural Protections
2014-11-24 18:10:49| Apparel - Topix.net
The New York Appellate Division, First Department, ruled Thursday that the business-judgment rule not the entire-fairness standard of review can apply to a going-private transaction with the majority shareholder where the majority shareholder did not participate in the board's vote on the merger, the remaining directors were not alleged to be self-interested, and the merger required the approval of the majority of the minority shareholders. In re Kenneth Cole Productions, Inc. Shareholder Litigation , Index No.
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