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27 Nov 2018, 8:00 am by Todd Presnell
Upon receipt of a notice to depose your corporate client’s representative(s) under FRCP 30(b)(6) or state-rule equivalent, the entity’s lawyers scramble to identify the right employees or agents to handle the job. [read post]
27 Nov 2018, 8:00 am by Todd Presnell
Upon receipt of a notice to depose your corporate client’s representative(s) under FRCP 30(b)(6) or state-rule equivalent, the entity’s lawyers scramble to identify the right employees or agents to handle the job. [read post]
12 Jun 2023, 10:30 pm by Sherica Celine
For starters, S corporations are regular corporations with between 1 and 100 shareholders. [read post]
8 Oct 2008, 4:00 pm
  As his opinion notes: After Van Gorkom met an unenthusiastic reception, the General Assembly adopted Sec. 102(b)(7), authorizing corporations ot exculpate their directors from liability for violations of the duty of care. [read post]
7 Jul 2009, 12:12 pm
Pines and Ardith Bronson look at 30(b)(6) depositions from the defense point of view:Your company has just been served with a 30(b)(6) deposition notice under the Federal Rules of Civil Procedure, and it is your job to respond to the notice and determine who will testify on behalf of the corporation. [read post]
12 Oct 2011, 10:32 am by Daniel Corbett
  B Corporations have the potential to deliver immediate financial value, and B Lab has already saved B Corps over $1M through service partnerships. [read post]
19 May 2014, 9:00 pm by Karel Frielink
With regard to ‘could have been aware’ (see under (b) above) one had in mind any restrictions which are plainly evident from the Trade Register such as a ‘multiple signatures clause’ or a provision requiring the prior consent of a corporate body before effecting a certain legal act. [read post]
6 Feb 2024, 6:30 am
A change to DGCL Section 102(b)(7) that took effect last year permits Delaware corporations to eliminate or limit the personal liability of corporate officers for monetary damages to stockholders for breaches of their fiduciary duty of care. [read post]
6 Feb 2024, 6:30 am
A change to DGCL Section 102(b)(7) that took effect last year permits Delaware corporations to eliminate or limit the personal liability of corporate officers for monetary damages to stockholders for breaches of their fiduciary duty of care. [read post]
29 May 2023, 9:01 pm by renholding
Notably, to the extent that a provision of the corporation’s certificate of incorporation requires stockholder approval for a sale of all or substantially all the corporation’s assets, such provision would not require stockholder approval for a transaction permitted by amended Section 272(b), unless such provision expressly requires approval for such a transaction and first becomes effective after August 1, 2023. [read post]
20 Jun 2015, 1:03 pm by Michael Smith
Part I of this series briefly discussed Indiana’s new benefit corporation statute as well as certification of a company as a “B Corp” by B Lab and some of the possible advantages of certification and of incorporation under the new statute. [read post]