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17 May 2024, 12:29 pm by Matthew Dochnal
In addition, transferring ownership in an LLC is a simpler process than transferring stock in a corporation. [read post]
16 May 2024, 1:24 pm by bklemm@foley.com
” Pension de-risking transactions reached a historic record in 2022 with $52 billion worth of transactions according to the Pension Risk Transfer Poll Infographic produced by insurance giant MetLife. [read post]
15 May 2024, 9:05 pm by ilyabeylin
  That is because at the time of a clearing member’s failure, a larger portfolio of cleared trades will have to be transferred to other clearing members. [read post]
7 May 2024, 1:23 pm by Adam Levitin
Red River will have first crack at a fraudulent transfer action and by the time it gets pried away from Red River, well, the action will have been settled as part of the plan, so we're right back to the lack of timely appeal problem. [read post]
2 May 2024, 12:35 pm by The White Law Group
Regulatory actions can have serious consequences for a broker-dealer’s profile and reputation. [read post]
29 Apr 2024, 10:00 pm by Sherica Celine
IRS and Treasury propose regulations that would provide guidance regarding reporting and payment of the new excise tax on repurchases of corporate stock made after December 31, 2022, and would affect certain publicly traded corporations that repurchase their stock or whose stock is acquired by certain specified affiliates. 89 Fed. [read post]
22 Apr 2024, 1:35 am by Katelynn Minott, CPA & CEO
Ease of transferring business assets: S Corp status allows for the sale of stock and simple property basis adjustment without triggering adverse tax consequences. [read post]
18 Apr 2024, 9:05 pm by Josephine A. Phillips
The Internal Revenue Service proposed regulations that would provide guidance for the application of the new excise tax on repurchases of corporate stock, which is equal to 1% of the fair market value of any stock that the issuing corporation repurchases. [read post]
13 Apr 2024, 12:02 pm by Russell Knight
“[A] transfer of stock ordered by the court in a marriage dissolution proceeding is an involuntary transfer not prohibited under a corporation’s general restriction against transfers unless the restriction expressly prohibits involuntary transfers. [read post]
8 Apr 2024, 4:22 am by Peter Mahler
The LLC’s minimal operating agreement had no provisions governing the transfer of membership interests. [read post]
3 Apr 2024, 1:28 pm by Kevin LaCroix
The company’s share prices rose to more than over $40 per share, and corporate executives and offering underwriters profitably sold billions of dollars’ worth of the company’s stock, including in three post-IPO registered offerings. [read post]
12 Mar 2024, 3:36 am by Jeffrey T. Dinwoodie
[4] See id. at 15 (“[T]he Commission’s disclosure requirements . . . are designed for traditional corporate entities that typically issue and register equity and debt securities. [read post]
26 Feb 2024, 4:37 am by Peter Mahler
In Anderson v Blabey, the Appellate Division, Fourth Department, affirmed the lower court’s dismissal of a shareholder’s derivative action alleging breach of fiduciary duty and non-compliance with BCL 713 by effectuating a reverse stock split. [read post]
12 Feb 2024, 8:58 am by Nicole Swisher
., corporations, limited liability companies, etc.), it may be styled as an “asset purchase agreement,” a “stock purchase agreement,” a “merger agreement,” or something else. [read post]
9 Feb 2024, 7:24 am by Guest Author
It requires Congress to refrain from abdicating or transferring its legislative functions (Article I, Section 1 of the U.S. [read post]
Second, art pieces can serve as a diversification tool due to the art markets low correlation with that of stocks and bonds. [read post]
22 Jan 2024, 3:32 am by Peter J. Sluka
  For one, stock dilution impairs the minority owner’s ability to influence company action by voting his shares, and it lessens the owner’s right to participate pari passu in the distributions or dividends of the company. [read post]
2 Jan 2024, 12:56 pm by Kevin LaCroix
(Merger objection lawsuits were still being filed in significant numbers during 2023, but the lawsuits were filed as individual actions rather than as class actions, and so do not show up in the class action lawsuit filing tallies.) [read post]
18 Dec 2023, 2:48 pm by CFM Admin
This enforcement action comes just months after Kraken agreed to cease offering or selling securities through its staking service and pay a civil penalty of $30 million, as described further in Notable Regulatory & Other Items from 2023, below. [read post]