Board of Directors

Ghosts of CDOs Past: Subprime Litigation Spooking Hedge Funds

Wed, 28 Jul 2010 03:00:00 EDT

Subprime chickens are still coming home to roost for hedge funds like Highland Capital Management and one-time fund operator Carlyle Group, which have been the targets of recent lawsuits…

Offering Watch: For Israel’s Radvision, Cash is King

Wed, 28 Jul 2010 01:00:00 EDT

Contrary to other industries’ credit woes, Israel’s cash-laden Radvision has announced an offer to repurchase nearly a million of its shares representing 5% of the company’s voting power…

Norilsk Says Ready to Publish AGM Ballots for Board

Tue, 27 Jul 2010 13:15:48 EDT

Russian metals giant Norilsk Nickel said it was ready to publish all the ballots cast in the board elections to counter allegations from UC RUSAL that it had manipulated the results...

Saving Volvo:Geely Buys Brand and Management Test

Thu, 22 Jul 2010 22:18:54 EDT

One of the toughest struggles in the negotiations was just how interwoven Volvo had become with the wider Ford Motor Group including safety and in-car-entertainment equipment...

Canadian Board Representation: Double-Edged Sword or Sturdy Shield?

Wed, 21 Jul 2010 00:30:00 EDT

Directors of public issuers are on the firing line. Investors and regulators are looking carefully into how directors are elected and whose interests they represent…

Disclosure Watch: PRC Education Takes Flight

Tue, 20 Jul 2010 01:00:00 EDT

The initial public offering of China-based Ambow Education Holdings spotlights a notable sector blooming in the PRC: the increasingly lucrative industry of privatized education…

Ex-Pru CEO Tucker Named AIA Boss Ahead of IPO

Mon, 19 Jul 2010 03:11:41 EDT

Bailed-out insurer American International Group Inc (AIG) named former Prudential plc Chief Executive Mark Tucker as head of its Asia life insurance business, AIA, and said it would seek to list AIA on...

Governance Watch: Boardroom Dogfight at Israel’s Magal

Thu, 15 Jul 2010 02:00:00 EDT

A group of former Israeli Air Force fighter pilots has taken a dogfight to the boardroom as Israel’s Magal Security Systems braces for a potentially bruising proxy battle…

Emboldened SEC, From Zero to Hero

Wed, 14 Jul 2010 03:00:00 EDT

Before our very eyes, the SEC is transforming from a regulatory zero to a regulatory hero. After being widely criticized for dropping the ball on…

Governance Watch: Magna’s Dual Class Proposal Spells Double Trouble

Wed, 14 Jul 2010 02:00:00 EDT

When Magna International’s directors announced in May that shareholders would be given the opportunity to eliminate Magna’s dual class share capital structure...

AIG Board to Meet to Consider AIA's Future

Tue, 13 Jul 2010 12:22:26 EDT

The board of American International Group Inc is expected to meet this week to consider the future of the insurer's Asian life business, AIA...

Disclosure Watch: China Unicom Discloses Telefonica Deal…Finally

Mon, 12 Jul 2010 02:00:00 EDT

In a sudden blast from the past, details of the US$1 billion deal between China Unicom and Spain’s Telefonica last year have finally been disclosed. The subscription agreement...

When A-Lists Delist: Abu Dhabi’s Aabar Investment Goes Private

Sun, 11 Jul 2010 01:00:00 EDT

Taking public companies private ascribes new meaning to the Latin maxim, e pluribus unum. Abu Dhabi’s publicly listed Aabar Investments PJSC has announced…

M&A Watch: China's Lenovo Gets Linkage

Fri, 9 Jul 2010 02:00:00 EDT

Lenovo-affiliate and tech giant AsiaInfo Holdings, Inc. just completed its merger with Linkage Technologies Holdings…

AsiaPac Hot Topic: Smoke in the Eyes of PRC Green Dreams

Fri, 9 Jul 2010 01:30:00 EDT

China’s green energy sector may be conjuring up more images of green dollar bills than healthy fields of grass these days. The country’s presence as a major alternative energy mover...

Executive Compensation: Clawbacks’ Talons are Getting Sharper

Tue, 6 Jul 2010 02:00:00 EDT

Clawbacks’ talons are sharpened by Dodd-Frank’s reforms, though in truth they were already ripping into executive wallets…

Backdating Backlash: Comverse Comes Full Circle With Settlement

Mon, 5 Jul 2010 02:00:00 EDT

Just when companies welcomed a sign that the SEC might be backing down on its backdating pursuit, the hammer of the plaintiffs’ bar has struck a blow for corporate transparency…

Israel Oil Refineries Gets $600 Million Syndicated Loan

Wed, 30 Jun 2010 03:30:29 EDT

Oil Refineries Ltd, Israel's largest oil refinery, and a syndicate of local banks led by Bank Hapoalim signed an agreement for a loan of $600 million...