Category Archives: Corporate Governance

Severance Plans and Arrangements

Posted on March 15, 2013 by

With the $56 million Golden Parachute for Heinz CEO, and similar packages for the executives of companies like GE, Exxon, Mobil Corp., AT&T and Home Depot, Inc., being in the news recently, a lot of focus has been on these … Continue reading →

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California Revised Uniform Limited Liability Company Act Signed into Law

Posted on September 26, 2012 by

On September 21, 2012 Governor Jerry Brown signed into law Senate Bill No. 323- the California Revised Uniform Limited Liability Company Act (RULLCA). RULLCA will take effect January 1, 2014 and will apply to all existing California LLC’s in addition … Continue reading →

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California Cumulative Voting

Posted on August 20, 2012 by

  California has a strong historical attachment to cumulative voting. Corporations Code 708 grants shareholders the right to cumulate their votes in the election of directors. What does this mean? There are a number of methods for cumulative voting, but … Continue reading →

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