The article focuses on the derivative lawsuits filed against companies in relation to the negative stockholder advisory votes on executive compensation. The lawsuit alleges breach of the fiduciary duty of loyalty against the company's current directors. It also alleges that the negative vote shows ...
Therefore, competency traps are more likely to exacerbate at moderate levels of market overlap, where the resources and capabilities of the parent firms may falsely appear to be relevant and also applicable to “nearby” markets, while in practice, they are not appropriate outside the parent firms...
Such costs, expenses, and damages shall include all costs incurred by the indemnified parties in any lawsuits to which they are a party. (d) Concessionaire shall defend, at Concessionaire's own cost, expense and risk, any and all such aforesaid suits, actions or other legal proceedings ...