Patrick F. Ross, president and CEO of Hyduke Energy Services Inc., has appointed Jesse Gill to the board of directors effective immediately. Based in New York City, Gill is a co-founder and partner of TerraNova Partners LP, a Toronto and New York based firm which makes private equity investments across a variety of industries...
Cheniere Energy Inc.’s (NYSE MKT: LNG) board ousted CEO Charif Souki on Sunday, amidst his reported friction with activist investor Carl Icahn, who is now the company’s largest shareholder and who has named two allies to the company’s board ...
Nuverra Environmental Solutions (NYSE:NES), a provider of full-cycle environmental solutions to energy and industrial end-markets, has appointed R.D. “Dan” Nelson to the company’s board of directors.
Craig Florence and Randy Gordon, Gardere Wynne Sewell LLP It is a commonplace of corporate law that officers and directors owe fiduciary duties to the business entities they serve. Breaches of these duties are most often highlighted in the press when they lead to spectacular corporate failures on the order of Enron or WorldCom. But fiduciary duties do not exist solely to deter and redress massive instances of fraud; rather, as Justice Cardozo long ago held “[n]ot honesty alone, but the punctilio