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Key Energy Services said on Wednesday the U.S. Securities and Exchange Commission is investigating the previously reported improper use of assets and resources at its South Texas division.
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"I think it is an improper use of corporate assets to pay their debt, just as it was an improper use of board control to endorse their borrowing".
But if Mr. Hewlett could prove his accusation, the judge wrote, it would be "an improper use of corporate assets by a board to interfere with the shareholder franchise".
There are several instances of plaintiffs pursuing officers in state court, but these plaintiffs point to more established avenues of legal liability, such as usurpation of corporate opportunities, state law insider trading, compensation, and improper use of corporate assets – all claims that are based on legal principles that have been well-established in the case law for decades.
Fiduciaries who do not follow these principles of conduct may be personally liable to restore any losses to the plan, or to restore any profits made through improper use of plan assets.
The new feature uses the Tinder Plus paywall to limit "improper use" of Tinder.
Improper use of antibiotics increases antimicrobial resistance.
This includes limiting the improper use of guidance documents.
Abuse and improper use of device will invalidate warranty.
Fix improper use of article tag in Portfolio items.
Improper use of antimicrobials is a global concern.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com