The California Transparency in Supply Chains Act of 2010, which became effective January 1, 2012, uses the tool of public disclosure to compel corporate social responsibility. Specifically, the Act has the goal of exposing retailers and manufacturers whose products are made through human trafficking and slavery. In doing so, the California legislature follows Justice...
Does the business judgment rule (BJR) protect corporate officers in California? This question is overlooked, yet is important to all executives who do business in California. Under California law, the business judgment rule shields corporate directors from legal liability for decisions that they make in good faith and in the best interests of the corporation....
Palo Alto, California (PRWEB) January 17, 2012 On January 22, 2012, at the University Club in Palo Alto, attorney Douglas Y. Park will present to Ivy League alumni leaders in Silicon Valley on issues of corporate governance, conflicts of interest, and ethical dilemmas in alumni club service. Alumni club leaders face conflicts of interest and...
Palo Alto, California (PRWEB) January 06, 2012 Douglas Y. Park, principal of DYP Advisors and a Silicon Valley corporate governance attorney, was recently interviewed by Agenda, a Financial Times service for corporate directors, on the highs and lows of governance in 2011. Mr. Park was interviewed on both the good and bad at numerous companies....
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...
Palo Alto, CA (PRWEB) November 30, 2011 Douglas Y. Park, a corporate governance attorney based in Silicon Valley, and Principal of DYP Advisors, was recently interviewed by Corporate Secretary magazine on the collapse of investment firm MF Global. MF Global recently filed for bankruptcy protection after losing big on bets on European debt. Jon Corzine, former Chairman of...
Although it is tempting to sell your company for the highest purchase price, price isn't everything when selling your company in a merger or acquisition. True, a $25 million offer looks sweeter than a $20 million offer. However, here are three important issues other than price to consider when selling your company. 1. Type of...
Palo Alto, CA (PRWEB) November 16, 2011 Soyeun D. Choi, a Palo Alto attorney specializing in business transactions and intellectual property, has been named a 2011 Northern California Rising Star by Super Lawyers magazine. This distinction is bestowed upon the best young lawyers in the country. Selection as a Rising Star by Super Lawyers demonstrates...
What due diligence mistakes do entrepreneurs make in selling their company? With only 16% of all letters of intent eventually consummated in the sale of a company, the due diligence process is where many deals break down. Due diligence can involve a 25+ page list of requests for information. The buyer uses due diligence to...
Palo Alto, CA (PRWEB) October 28, 2011 Silicon Valley Corporate Governance Attorney Douglas Y. Park, Principal of DYP Advisors, announces a series of educational articles on fiduciary duties in corporate settings. These duties obligate the fiduciary to act in the best interests of those to whom they owe a responsibility. Examples include: The fiduciary duties of...