The interlocking directorate thresholds prohibit a person from serving as a director or officer of competing corporations unless the parties' sales of the competing products or services are below certain de minimis thresholds.
The upside of serving as a director or officer thus appears huge.
Given all of this, it is hard to see the Clayton Act barring Mr. Biglari from serving as a director.
Mr. Conant, Campbell's chief executive, has supplemented his income by serving as a director of Applebee's International since 1999.
BIS has the power to ban somebody from serving as a director for up to 15 years.
A settlement often involves forfeiting ill-gotten gains, paying a fine and being prohibited from serving as a director of a public company.
He was a lifelong supporter of Chelsea Football Club, serving as a director of the club for 13 years from 1969.
As part of that agreement, she agreed to a five-year ban from serving as a director or officer of a public company.
Mr. Waksal is prohibited by a settlement he made with the Securities and Exchange Commission from serving as a director or executive of a publicly traded company.
Underwood asked the judge to ban each of the three from serving as a director of a New York nonprofit organization for a year.
Can anyone doubt that a Bernie Madoff (if he escaped criminal liability) should be barred from so serving as a director?
