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ICYMI: #corpgov Midweek Roundup (Aug. 21, 2019)

By Stefan J. Padfield on August 21, 2019

“Wilbur Ross: American workers are winning”; “data shows that it is the average American workers who are gaining from the country’s broader economic success” https://t.co/bpDM6kyLMW #corpgov

— Stefan Padfield (@ProfPadfield) August 20, 2019

“a claim for breach of the duty of loyalty is stated where the allegations plead that ‘a board has undertaken no efforts to make sure it is informed of a compliance issue intrinsically critical to the company’s business operation'” https://t.co/KXP5pcL2Pt

— Stefan Padfield (@ProfPadfield) August 16, 2019

“Huawei employees … have, in at least two cases, personally helped African governments spy on their political opponents, including intercepting their encrypted communications and social media, and using cell data to track their whereabouts” https://t.co/ETIWtOkYl6 #corpgov

— Stefan Padfield (@ProfPadfield) August 15, 2019

“Court recently decided … that the term ‘individual’ in Section 708(b)(13) of the [Right-to-Know Law] does not include ‘corporations.'”; “distinction … is determinative, b/c in some instances the records of individual donors are exempted from mandatory disclosure” #corpgov https://t.co/4VLvOK2xTk

— Stefan Padfield (@ProfPadfield) August 19, 2019

“advocates for corporate social responsibility pretend that directors do not have to make stockholder welfare the sole end of corporate governance, within the limits of their legal discretion, under the law of the most important American jurisdiction–Delaware” #corpgov https://t.co/cGylsl7PWB

— Stefan Padfield (@ProfPadfield) August 20, 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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