Ranked as the most stable political environment within the West African sub-region, Ghana is a viable place for doing business and the fastest growing economy in the world.
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This week, another shareholder derivative suit was dismissed based on a forum selection clause
contained in the company s bylaws. In November 2020, a
shareholder filed a derivative action alleging that directors and
officers of The Gap, Inc., an apparel company, had failed to create
meaningful diversity on the Board of Directors on within the
company s leadership roles. The plaintiff also alleged that Gap
made false statements about the diversity of the company s
workforce, as well as its efforts to increase diversity among its
employees.
Importantly, the plaintiff brought her lawsuit in the Northern
On April 16, 2021, the US Securities and Exchange Commission issued a release reopening the comment period on its 2016 proposal for a mandatory universal proxy to be used for all contested director.
Fenwick's gender diversity survey provides unique insight into women's participation at the most senior levels of technology and life sciences public companies on the.
In two recent
In re WeWork Litigation decisions,
Chancellor Andre G. Bouchard of the Delaware Court of Chancery
addressed attorney-client privilege in the corporate governance
context. Both decisions stem from discovery disputes in lawsuits
brought against SoftBank Group Corp. and its affiliated fund
(collectively, SoftBank ) for SoftBank s alleged
breaches of its fiduciary duties as controlling stockholder and its
obligation under a Master Transaction Agreement, entered into in
October 2019, to use reasonable best efforts to purchase up to $3
billion of common stock of The We Company ( WeWork ) in a
tender offer. In each case, SoftBank opposed production of certain
documents and communications, asserting that they were protected by