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8 May 2024, 6:00 am by Public Employment Law Press
IntegrateNYC, Inc. v State of New York2024 NY Slip Op 02369Decided on May 02, 2024Appellate Division, First DepartmentMoulton, J.Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.This opinion is uncorrected and subject to revision before publication in the Official Reports.Decided and Entered: May 02, 2024 SUPREME COURT, APPELLATE DIVISION First Judicial DepartmentSallie Manzanet-DanielsPeter H. [read post]
8 May 2024, 6:00 am by Public Employment Law Press
IntegrateNYC, Inc. v State of New York2024 NY Slip Op 02369Decided on May 02, 2024Appellate Division, First DepartmentMoulton, J.Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.This opinion is uncorrected and subject to revision before publication in the Official Reports.Decided and Entered: May 02, 2024 SUPREME COURT, APPELLATE DIVISION First Judicial DepartmentSallie Manzanet-DanielsPeter H. [read post]
22 Apr 2024, 1:35 am by Katelynn Minott, CPA & CEO
The first by paying a “reasonable salary” to the shareholders, who are then responsible for taxes on that income. [read post]
9 Apr 2024, 9:01 pm by renholding
 The largest holder of publicly traded stock of Yellow Corp., MFN Partners, also objected to the motion, asserting that the value of its equity holdings would be determined by whether or not the claims were allowed. [read post]
5 Apr 2024, 1:06 pm by Dave Wieneke
(First their was fraud, then there was trading by others aware of it.) [read post]
8 Feb 2024, 7:47 am by Cynthia Marcotte Stamer
Chicken Corp. for violations of federal child labor and wage and hour laws. [read post]
16 Jan 2024, 1:19 pm by Kevin LaCroix
First, an activist short-seller’s work product is an unreliable source of new information about an issuer because the short-seller has an economic interest in driving down the stock price. [read post]
20 Dec 2023, 4:58 pm by INFORRM
There are a number of causes for concern but, in particular, the nature of the public interest considerations and the role of the Secretary of State in issuing the PIIN in the first place. [read post]
11 Dec 2023, 9:05 pm by renholding
KKR Financial Holdings, , which conceptually followed M&F Worldwide by providing for case-dispositive standard shifting, albeit in non-controlling stockholder transactions. [read post]
29 Nov 2023, 8:25 am by Daniel Shaviro
The second is that credit unions are tax-exempt, rather than facing (in the case of C corp banks) the federal income tax rules for C corporations. [read post]
14 Nov 2023, 9:01 pm by renholding
” In fiscal year 2023, the SEC obtained orders for $4.949 billion in financial remedies, the second highest amount in SEC history, after the record-setting financial remedies ordered in fiscal year 2022. [read post]
13 Nov 2023, 9:05 pm by Adam Levitin
" (ii) The 1970s case is In re Equity Funding Corp. of America, 396 F. [read post]
31 Oct 2023, 9:05 pm by renholding
Because LTL had a “substantial equity cushion and a lack of evidence suggesting it had trouble paying debts or impaired access to capital markets,” its filing was “premature. [read post]
3 Oct 2023, 9:01 pm by renholding
SEC press release │SEC order SEC settles claims related to pre-IPO SPAC disclosure In the Matter of Digital World Acquisition Corp. [read post]
13 Sep 2023, 1:38 pm by Silver Law Group
The post Sculptor Capital Corp Investors Allege They’ll Be Underpaid In Acquisition By Rithm Capital appeared first on Securities Arbitration Lawyers Blog. [read post]
11 Sep 2023, 4:37 am by Peter Mahler
The first argument, which the majority rejected, is that the business judgment rule bars judicial scrutiny of the board’s discretionary authority to declare dividends. [read post]