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11 Mar 2024, 3:58 am
India continues to make reforms to ease cumbersome business processes, including reducing its corporate tax rates. [read post]
The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)
29 Feb 2024, 2:29 pm
This article analyzes the six general criteria for allowability of compensation costs, with a particular emphasis on reasonableness, including relevant guidance from the Defense Contract Audit Agency (DCAA) Contract Audit Manual (DCAM). [read post]
Navigating Fair Compensation in Closely Held Companies: The Legal Implications of Excessive Salaries
25 Feb 2024, 11:20 am
Barron, identified a shareholder who committed constructive fraud by causing the corporation to pay him and his wife millions in excessive compensation, which was then concealed as “contract labor” on tax returns. [read post]
19 Feb 2024, 11:33 pm
At the same time, these policies bring about inadvertent consequences for private legal relationships, such as insurance policies, energy sector contracts, and within the shipping industry. [read post]
16 Feb 2024, 10:22 am
Regular internal and external audits ensure ongoing adherence to the selected corporate governance guidelines. [read post]
15 Feb 2024, 9:08 pm
Significantly, the industry saw the introduction of the new Unfair Contract Terms regime which broadened the scope of contracts protected and introduced harsher penalties for breaches. [read post]
15 Feb 2024, 9:22 am
THE PARTIES Plaintiffs (at the filing) Accent Delight International Ltd. [read post]
12 Feb 2024, 6:07 am
Plan sponsors have no incentive to overpay for health plan services because it is a material corporate expense. [read post]
30 Jan 2024, 9:50 am
Courts, for example, have focused on experience in both corporate law and securities law, in qualifying attorneys as corporate governance experts. [read post]
27 Jan 2024, 10:27 pm
Proactive compliance minimizes legal risks and fosters a culture of corporate responsibility. 3. [read post]
25 Jan 2024, 6:06 pm
For instance, qualified REITs that meet Internal Revenue Service requirements can deduct distributions paid to shareholders from corporate taxable income, avoiding double taxation. [read post]
25 Jan 2024, 4:00 pm
Moving away from the traditional corporate ethos that prioritizes shareholder interests, this consolidation emphasizes a client-first approach. [read post]
25 Jan 2024, 2:02 pm
It’s common to encounter issues during due diligence, like not being able to find a contract or having gaps in your corporate records. [read post]
25 Jan 2024, 4:06 am
In relationships governed by contract, it will often be appropriate to expressly address information security in the agreement. [read post]
24 Jan 2024, 12:00 pm
Some of the most common examples of documents generated by in-house lawyers on a regular basis for which Lexis Create can be a powerful new weapon include: Master Services Agreements Lease Contracts Confidentiality Agreements Employment Contracts Corporate Transactions But the value of this new tool is that it can be used to support the drafting of any legal document, from transactional matters to the full range of litigation documents. [read post]
24 Jan 2024, 9:25 am
Again, she did not report this incident, fearing retaliation and ostracization in an industry known to protect powerful men. [read post]
23 Jan 2024, 9:01 pm
In 2022, Teva Pharmaceutical Industries Ltd. also settled shareholder allegations related to the price-fixing scheme for $420 million. 7.) [read post]
23 Jan 2024, 4:45 am
International Coordination: FIRRMA emphasized the need for coordination with international allies on investment security matters, acknowledging the global nature of investment flows and the shared interest in protecting national security. [read post]
19 Jan 2024, 12:33 pm
Ownership of Invention: By accepting employment with the Corporation, you hereby agree that all discoveries, designs, devices, and concepts developed by you in the course of and during your employment with the Corporation shall be the property of the Corporation. [read post]
15 Jan 2024, 7:48 am
North Central Industries, Inc. et al. [read post]