#board-termination

#board-termination

According to Bloomberg Law's Workload & Hours Survey, a third of nonequity partners also say they're undervalued in their roles and more than half say they were burnt out in 2025.

"The current administration has signaled that it is very pro-business and wants to make it as easy as possible for these new fintech business models such as prediction markets and crypto to operate."

According to a Delaware Chancery Court decision this week, pretty much everything that Kraftron CEO Changhan Kim did at ChatGPT's urging in his bid to avoid that payout turned out to be a gross breach of contract. Per the decision, ChatGPT told Kim that the earnout would be difficult to cancel, but Kim kept pushing the bot, asking it what steps to take anyway.

Rather than stolen data making headlines, it was business stoppage that triggered attention. Moving into 2026, the board's focus should be on ensuring business continuity and building resilience in the face of emerging risks generated by AI usage and attack vectors, quantum computing and geopolitics.

The complaint alleges the company failed to disclose in its registration statement the identity of an unnamed financial adviser engaged in December 2024 and early 2025, along with any related fees. It also claims Two Harbors did not specify the services tied to $2.5 million in fees paid to Houlihan Lokey, which allegedly omitted projections and implied valuation assumptions in its fairness analysis of the deal.

If your partner in Munich mishandles customer data, or your reseller in Paris uses a "black box" AI tool to generate deceptive ads, it isn't just their reputation on the line. It's yours. With the EU AI Act now in full swing and GDPR entering its "mature enforcement" era, the distance between a partner's mistake and your company's $20 million fine has never been shorter.

As we kick off 2026, activist investor campaigns are no longer just prevalent; they are global, sophisticated, and have increasingly become an acute threat to corporate leadership. The escalating pressure is undeniable: Barclays data shows that activist investor campaigns hit a high last year - surpassing 2024 by 5% - with 32 CEOs resigning as a result (a record) - and showing no signs of slowing down.

As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.