Exact(1)
King also wants to invest in the club as part of a fresh share issue, but has accused the board of "acting in bad faith".
Similar(59)
Laura Manning-Hudson, a partner at the law firm Siegfried Rivera, said she used Nine Island Avenue as an example for boards thinking of acting without input from the owners.
Mr. Wise made vague apologies during a similar session of the board for "acting like a bunch of idiots".
An effective board is capable of acting decisively in aligning the interests of those running the bank with the wider communities that they service.
"It raises questions of whether the board is capable of acting with sufficient independence in those circumstances to protect the interests of all shareholders," said Edwin H. Stier, a lawyer who specializes in investigations of corporate governance.
"By filing for insolvency, we secure the future of our club and by bringing a liquidator on board remain capable of acting.
Board member Carol Lazier has assumed the role of acting board president following Cohn's departure.
Mr. Corker pressed harder, asking if it would be reasonable to have a board of commissioners acting alongside the director.
The village Board of Trustees, acting on the planning board's review, will render the final decision.
The village's Board of Trustees, acting on suggestions made by the Downtown Improvement Committee, has revised the village's ordinance regulating lighted signs.
Since fairness in this context can be equated to conduct by a theoretical, wholly independent, board of directors acting upon the matter before them, it is unfortunate that this course apparently was neither considered nor pursued.
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