Marathon Petroleum Can Challenge Delaware's Right to Unspent Gift Card Money—Just Not Yet
A federal appeals court has ruled that Marathon Petroleum Corp., corporate owner of the Speedway gas station chain, can challenge the state of Delaware's escheatment interest in unclaimed store-value gift card funds held by its Ohio-based subsidiaries, although not in the way the companies initially intended.
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After a 759-vote loss to Keisha Lance Bottoms, Atlanta mayoral candidate Mary Norwood's lawyers are asking for a recount that includes hand counts of paper ballots, recanvassing electronic voting machine tallies, reconsideration of all provisional ballots and scrutiny of every voter certification form.
One of the hottest—and most timeless—topics in corporate governance is the quality of the board. As recent scandals indicate, whenever something goes wrong at a company, the first question is often “where was the board?” It’s important for every company to know whether it has the right board and how the board is performing.
In recent years, the Securities and Exchange Commission (SEC) has prioritized the regulation, monitoring, and enforcement of cybersecurity activities. On Sept, 25, the SEC reinforced its commitment to cybersecurity when the Enforcement Division announced the formation of a “Cyber Unit” that will target cyber-related misconduct affecting the securities markets.
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