Conklin has done LL.M from Columbia University in New York City focusing on capital markets, corporate finance and governance issues and was admitted to the law society of Upper Canada in 1993 and to the New York State Bar in 2007.
He has wide range of experience appearing before all levels of civil courts in Ontario litigating commercial disputes involving shareholder and partnership disputes, oppression claims, breach of confidentiality and other fiduciary duties, secured and unsecured creditor claims, professional negligence claims and other related business law issues. He represents shareholders, boards of directors and entrepreneurs of both private and public companies.
Conklin is now an executive in residence at the Schulich School of Business, York University where he teaches courses in the MBA and EMBA programs on corporate governance mergers and acquisitions. Throughout his career, Conklin has taught a variety of legal and business courses which includes trial advocacy at the University Of Toronto Faculty Of Law and the Advocates’ Society.
Conklin has been working closely with GeoGlobal Resources as a special advisor ever since September 2007 assisting in negotiating a possible resolution to the company’s carried interest dispute with GPSC.
We’re excited to have David join our team and look forward to the wealth of knowledge he brings to the table in the areas of corporate governance stated Jean P. Roy, president and chief executive officer of GeoGlobal Resources.
Also on May 11, 2009, GeoGlobal Resources board adopted an independent director compensation policy. Under the policy, starting as of May 11, 2009, each independent director of the company, as such term is defined under the NYSE AMEX Company Guide, will obtain an annual retainer of $24,000, payable in monthly installments, and the chairperson of the company’s audit committee will receive an further annual retainer of $6,000, payable in monthly installments.
Besides such directors will be reimbursed for their reasonable out of pocket expenses in attending meetings and will be allowed to be paid additional compensation for any further or special services they may provide. This reward is in addition to the automatic annual and other grants of options under the provisions of GeoGlobal Resources 2008 stock incentive program.
