Compliance and Governance Blog

Olson v. Halvorsen, et al., C.A. No. 1884-VCL, Lamb, V.C. (Del. Ch. May 13, 2009).
Plaintiff was the founder of a successful hedge fund and claimed he was entitled to payment for his equity interest upon having his association with the fund terminated. During trial, it was established that the parties had entered into an oral …

As part of good corporate governance practices, companies should ensure that board minutes are readily accessible. Paper minutes can be lost, destroyed, or rendered unreadable over time. As a result, more and more companies are choosing to scan their minute books and keep them in electronic format so that they can be accessible from any …

Lyondell Chemical Company, et al. v. Ryan, No. 401, 2008, Berger, J. (Del. March 25, 2009). This shareholder derivative action challenged a merger transaction where the directors negotiated the deal in less than a week, only met for seven hours to discuss the transaction, did not press the buyer for a better price and …

CSC Virtual Boardroom helps corporate secretaries manage board meeting preparation.
Tracking down your directors in order to deliver time-sensitive information critical for efficient and compliant board meetings can be a daunting task. With CSC® Virtual Boardroom, our electronic boardroom solution, you can eliminate the time and cost of distributing paper copies of documents needed for corporate …

Celebrate Earth Day (April 22) with CSC by attending a free Web seminar that will highlight ways for your company to reduce its environmental impact while reducing cost at the same time.
Using her firm’s Legally Green initiative as a case study, special guest Carolyn Kaplan, Counsel and Chief Sustainability Officer for Nixon Peabody LLP, will …

Banet, et al. v. Fonds de Régulation et de Controle Café Cacao, et al., C.A. No.3742-CC, Chandler, C. (Del. Ch. Feb. 18, 2009).
Plaintiffs moved for summary judgment on their request for appointment of a receiver for the New York Chocolate and Confections Company, Inc. (NYCCC). The Court of Chancery denied the motion, holding …

E-file your Florida Annual Report Today
Florida Entities must file their 2008 annual reports electronically on or before May 1, 2009. CSC offers an enhanced Florida E-Filing system to our Registered Agent customers:
* File reports and pay taxes for your Corporations, LPs, LLCs, and Not-for-Profits
* Access FL entity information already on file …

A variety of federal and state laws require the appointment of a registered agent. CSC can serve as your agent under the laws listed below and many others. If you have a need to appoint a special or contract agent or have any questions, please email or call us at 800.927.9801 Ext. 3678 …

Companies increasingly choose CSC when they need special representation to complete and monitor a transaction. Transactions such as loan agreements, shareholder agreements, merger agreements, leases or contracts often require an experienced agent to forward notices and other documents according to special instructions. Don’t trust your important deals and transactions to less experienced agents. …

Implementing a Contract Management System to Reduce Your Risks and Costs
Contract management has become a critical component in many companies’ compliance and risk management programs. According to industry experts, a typical Fortune 1000 company manages between 20,000 and 40,000 contracts a year. Each of these contracts contains dissimilar terms, requirements, and commitments. …