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ICYMI: #corpgov Midweek Roundup (Aug. 7, 2019)

By Stefan J. Padfield on August 7, 2019

“The ICO intends to fine Marriott £99,200,396 following last year’s personal data breach …. found that Marriott did not undertake satisfactory due diligence when it acquired Starwood as this should have been uncovered in the acquisition process” https://t.co/Lh1w4LaxA7 #corpgov

— Stefan Padfield (@ProfPadfield) August 1, 2019

Lots going on here, including fiduciary duty of disclosure, anti-reliance clauses, fraud v. puffery, aiding and abetting fraud. https://t.co/puoAUsiX4c #corpgov via @fpileggi pic.twitter.com/D7MNtu3crO

— Stefan Padfield (@ProfPadfield) August 2, 2019

“Are CEOs of public corporations rewarded for good luck but not penalized to the same extent for bad luck? Previous studies have found this to be the case, and have termed this ‘asymmetry in pay for luck.'” https://t.co/VppM9srEdY

— Stefan Padfield (@ProfPadfield) August 1, 2019

“The Promise and Peril for Lawyers Serving on Corporate Boards”; “This chapter reviews the ethics rules and discusses possible pitfalls as well as steps to reduce the risks associated with board service.” https://t.co/tfmUOB9G5Q #corpgov via @BenPEdwards

— Stefan Padfield (@ProfPadfield) August 3, 2019

“the court provided … a definitive and comprehensive analysis, in the nature of a treatise, on the topic of the implied consent to personal jurisdiction over a person who serves as a formal, or de facto, manager of an LLC, based on § 18-109(a) of the Delaware LLC Act” #corpgov https://t.co/VI0w2GM0oG

— Stefan Padfield (@ProfPadfield) August 2, 2019

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Photo of Stefan J. Padfield Stefan J. Padfield

Director of the NCPPR’s Free Enterprise Project. Prior experience includes 15+ years as a law professor, two federal judicial clerkships, private practice at Cravath, Swaine & Moore, LLP, and 6 years enlisted active duty (US Army). Immigrant (naturalized).

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