by Jonathan Foster | Jan 15, 2021 | Blog, Jonathan F. Foster
In the period between the execution of definitive documentation for an acquisition and the intended closing, it is important to be aware of the “ordinary course” covenant often included in purchase agreements. The ordinary course covenant, sometimes called...
by Jonathan Foster | Oct 19, 2020 | Blog, Jonathan F. Foster
The necessity of having virtual shareholder meetings this past proxy season due to the COVID-19 pandemic has further questioned the necessity of the in-person annual meeting. In a previous article, I challenged the in-person annual meeting’s questionable...
by Jonathan Foster | Aug 22, 2019 | Blog, Jonathan F. Foster
A strong board of directors is the cornerstone of many companies and is the group charged with the oversight of the corporation on behalf of the shareholders. In general, a Board is responsible for hiring, evaluating, and compensating management. They also assume...
by Jonathan Foster | May 28, 2019 | Blog, Jonathan F. Foster
The Securities Exchange Act of 1934 provided the Securities and Exchange Commission with the authority to prescribe the frequency and content of periodic financial reports. Quarterly reporting has been required for publicly traded companies in the United States since...