101.  The case raises broad questions about how funds are regulated since independent directors play such a central role in the management of funds, he said.

102.  The definition of an independent director also needs tightening to exclude not only past and present employees, but also anyone else beholden to the company through financial dealings.

103.  The company contends that as a result of the actions a majority of the board will be independent directors.

104.  The dispute resembles a confrontation last year between Louis Navellier, a portfolio manager, and the independent directors of a fund he managed.

105.  The Conseco offer will be considered by independent directors of those two companies.

106.  The defendants and others in the fund industry have asked why the SEC did not support what the independent directors believed was an attempt to protect shareholders.

107.  The Last Seduction was made by John Dahl, an independent director with an impressive grasp not only of film technique but also of sensibility.

108.  The fund said it has also held meetings with the independent directors of five other companies on its list.

109.  The offer to take WCI private is contingent on the recommendation of its independent directors, WCI said.

110.  The REITs have set up special committees of independent directors to evaluate the offer.