Douglas has joined the Silicon Valley office of Rimon, PC.

Douglas is the Co-Chair of the Education Committee of the Asian Pacific American Bar Association of Silicon Valley.

Douglas Y. Park helps you address issues that cut across corporate governance, corporate and securities law, and strategy. Douglas is a Palo Alto business attorney and corporate governance advisor located in Silicon Valley in California.

Because business and legal decisions are inherently intertwined, you need solutions to your difficult business situations, not just less legal risk.

We encourage you to comment on and share the information and ideas on the blog.

Palo Alto, California (PRWEB) May 30, 2012 Douglas Y. Park, Principal of DYP Advisors, a corporate attorney and strategist in Silicon Valley, will teach Gain a Business Advantage Through the Law for the Stanford University Continuing Studies Program during Summer 2012. The course provides an introduction to business law concepts and offers practical ways to... [more]

Palo Alto, California (PRWEB) May 07, 2012 Palo Alto Business Attorney Douglas Y. Park, Principal of DYP Advisors, announces that his firm is a sponsor of the 2012 Harvard Club of Silicon Valley Annual Dinner on May 16, 2012. The dinner, which serves as the annual meeting of the club’s membership, will be held at... [more]

Does the nonprofit board of directors have fiduciary duties to the community it serves? That question came up after our overview of the fiduciary duties of nonprofit board members. The article stated that the duties run to the organization's mission and donors. The answer to this question lies in the distinction between who the nonprofit... [more]

Palo Alto, CA (PRWEB) April 24, 2012 Douglas Y. Park, Principal of DYP Advisors and a corporate governance authority in Palo Alto, California, has been named to the Program Evaluation Committee of the BlackRock and National Association of Corporate Directors (NACD) challenge on innovation in corporate governance and responsible investment. BlackRock and NACD invite undergraduate... [more]

To Whom Does The Nonprofit Board of Directors Owe Fiduciary Duties?

What fiduciary duties does the nonprofit's board of directors have? And to whom does the nonprofit board owe fiduciary duties? The answers impact the corporate governance and fundraising activities of charitable organizations and their directors. The Fiduciary Duties of The Nonprofit Board of Directors If the nonprofit organization is organized as a corporation, the nonprofit's board... [more]

Palo Alto, CA (PRWEB) March 29, 2012 DYP Advisors, a corporate governance law firm in Palo Alto, California, will sponsor the Asian Pacific American Bar Association of Silicon Valley’s Mentor-Mentee Mixer on March 29, 2012. The mixer will be held at the offices of Kilpatrick Townsend in Menlo Park from 6:00 pm to 9:00 pm.... [more]

Palo Alto, California (PRWEB) March 16, 2012 Silicon Valley corporate governance attorney Douglas Y. Park of DYP Advisors, together with Michael Sacopulos of Sacopulos, Johnson & Sacopulos of Terre Haute, Indiana, has published two articles on the management of online reputation in medical mergers and acquisitions. The companion articles, entitled “Could negative online reviews sour your appeal to buyers?... [more]

Goldman Sachs, the Board of Directors, and Company Culture

  The highly public resignation of Goldman Sachs executive Greg Smith provides a teaching moment about the board of directors’ role in company culture. In a letter published in the New York Times, Mr. Smith says the reasons he resigned from his high level position should be a wake-up call to the Goldman Sachs board.... [more]

Clients often complain that attorneys do not sufficiently incorporate strategic concerns into their legal advice. At the same time, many lawyers do not have adequate training or background in finance, operations, or strategy to have a deep understanding of their client's business. Not surprisingly, many companies see legal expenditures as no more than a sunk... [more]

Palo Alto, California (PRWEB) February 29, 2012 Douglas Y. Park, a Silicon Valley Corporate Attorney, will teach Starting Startups through the Stanford University Continuing Studies Program during Spring 2012. Teaching the class for a second time after an overwhelming response the first time around, Mr. Park explains the motivation for the course: Many entrepreneurs have... [more]

The Securities and Exchange Commission's (SEC) new disclosure rules mandate disclosure of material adverse risks created by compensation policies. A prominent corporate attorney's recent analysis of compensation program design and risk focuses on process, but completely ignores reputation risk. Reputation risk based on the amount of compensation, regardless of adherence to established procedures, is "reasonably... [more]

Google has announced plans for its Google Chrome Operating System. Chrome OS is a cloud based operating system for PCs that the company says will be characterized by "speed, simplicity, and security." In contrast to operating systems, like Windows, that sit on a computer's desktop, Chrome OS will be an open source, web standards based... [more]

CEO compensation once again reared its head in the corporate governance debate.  This time, corporate governance and CEO compensation collided over Abercrombie & Fitch CEO's use of the company's private jet. Troubled clothing maker Abercrombie & Fitch paid CEO Mike Jeffries $4 million to end his jet perk.  Jeffries can no longer use the Abercrombie... [more]

An article in today's American Lawyer outlines a tug of war between law firms and legal departments over higher hourly rates for legal services in 2010.  While law firms want to increase their hourly rates, corporate legal departments are pushing back. They want discounts up to 15% from 2009 rates, which were discounted from 2008... [more]

What are the board of directors' duties during the sale of a company? That is, when the seller is experiencing a change of control or a merger or acquisition? Fiduciary Duties During The Sale of a Company As always, the board must observe its duty of care and the duty of loyalty. The duty of care... [more]

Palo Alto, CA (PRWEB) December 16, 2011 Douglas Y. Park, principal of DYP Advisors and a Silicon Valley corporate governance attorney, was recently asked by Corporate Secretary Magazine to comment on lessons from 2011 and a governance wish list for corporate secretaries in 2012. In 2011, numerous companies made the headlines for their governance problems... [more]