The Virtual Board Meeting in the New COVID-19 World Order

By: John Hession The advent and acceleration of the coronavirus has wrought seismic changes in our world order. Live meetings of ten or more folks locked in a conference room are being discouraged by health care organizations. Business organizations have suspended usual operations and employees are encouraged to work remotely. Industry conferences or smaller events …

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John Hession Moderating Panel: Creating and Getting the Most Out of Your Board of Directors

At Creating and Getting the Most Out of Your Board of Directors: A Working Session, a panel of seasoned experts, moderated by corporate attorney John Hession, will discuss how to create a Board of Directors culture that has positive results. The panel will take place the morning of Friday, October 19 at Katz, Nannis + …

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FAQ: How detailed should Board of Directors meetings’ minutes be?

Young entrepreneurs and corporate associates of emerging companies frequently ask: “How detailed should Board of Directors meetings’ minutes be?”  The short answer is: Do not delve into minutiae, other than precision for approval of equity issuances, option grants and material contracts. How much detail should you add that might give investors or acquirers cause for unnecessary …

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MBBP’s Joe Martinez Elected to MITEF Board

MBBP Corporate attorney Joe Martinez has been elected to the MIT Enterprise Forum of Cambridge Board of Directors. Joe takes over a seat formerly held by MBBP's Jon Gworek, a longtime participant in MITEF. The mission of the MIT Enterprise Forum is to inform, connect, and coach technology entrepreneurs—enabling them to rapidly transform ideas into …

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Delaware Legislature Proposes Amendments Allowing Escrowing of Director and Stockholder Consents

By: Scott Bleier In response to the practical concerns raised by AGR Halifax Fund, Inc. v. Fiscina (743 A.2d 1188 (Del. Ch. 1999)), new legislation has recently been proposed that would amend Section 141(f) of the General Corporation Law of the State of Delaware ("DGCL") to clarify that an individual, whether or not then a …

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Bob Shea Named Chair of SBANE Board of Directors

On November 4 the Smaller Business Association of New England (SBANE) announced that MBBP Employment Attorney Bob Shea has been elected Chair of its Board of Directors for a two-year term. Bob has served on the Board and Executive Committee at SBANE for several years, most recently as Secretary, and has been very active in …

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