Governance includes all of the documents, policies and procedures that legally define and organize a company. But it goes beyond operations — carefully adhering to corporate governance can help prevent “piercing the corporate veil,” maintain limitations of liability with subsidiaries, prevent negative feedback from regulatory examiners, and much more.
SW&M attorneys regularly advise boards, board committees and executive officers on corporate governance issues, which can arise in any decision made by a financial institution. These can include complex corporate transactions and fiduciary duties, annual and special meetings, elections, member/shareholder requests for information, meeting minutes, executive sessions, and privilege issues. In addition, our attorneys regularly serve as parliamentarians for member/shareholder meetings and help craft resolutions to ensure proper observation of all corporate governance formalities.