Search for: "Corporate/Entity Does 1-10" Results 1 - 20 of 2,178
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14 Apr 2016, 12:49 pm by Steven Boutwell
Historically, a corporation subject to the CFT paid an initial CFT of $10 for its first year of operation. [read post]
19 Aug 2011, 9:03 am by Robert_Brazil
Effective July 1, 2011, entrepreneurs in Vermont have a new business entity to consider when determining how to set up shop. [read post]
29 Jun 2020, 3:00 am by Robert Kreisman
To determine if there is a unity of ownership and interest, the courts have considered: (1) inadequate capitalization; (2) failure to issue stock; (3) failure to observe corporate formalities; (4) nonpayment of dividends; (5) insolvency of the debtor corporation; (6) non functioning of the other officers or directors; (7) absence of corporate records; (8) commingling of funds; (9) diversion of assets from the corporation by or to a stockholder or other… [read post]
15 May 2016, 5:55 am by Charles (Chuck) Rubin
Treatment of Certain Domestic Entities Disregarded as Separate From Their Owners as Corporations for Purposes of Section 6038A (5/10/2016), amending regulations Sections 1.6038A-1, 1.6038A-2, and 301.7701-2.Follow @crubincrubin [read post]
6 Apr 2021, 5:00 am by John Jascob
By Amy Rifkind, Matt Kirsch, and Alyson Larkin, Arnold & Porter, Washington, D.C.On January 1, 2021, Congress enacted the Corporate Transparency Act (the Act) imposing significant disclosure and reporting requirements related to the beneficial ownership of domestic and foreign corporations, limited liability companies and similar entities.1Overview of the ActThe stated purpose of the Act is to prevent the use of anonymously formed entities to… [read post]
6 Oct 2021, 5:00 pm by Christopher Wilds, Muhammad U. Faridi
Rule 35 requires a non-governmental corporate party and a non-governmental corporation that seeks to intervene in a case to “file a disclosure statement that: (1) identifies any parent corporation and any publicly held corporation owning 10% or more of its stock; or (2) states that there is no such corporation. [read post]
19 May 2014, 9:00 pm by Karel Frielink
If there are multiple Managing Directors the legal entity is represented by each Managing Director insofar as not otherwise provided for in the Articles of Association (Article 2:10 paragraph 1 Corporate Code). [read post]
But this partly reflected concern that the July corporate governance recommendations might, unless explicitly taken into the ambit of the FSA, be extended over time to non-financial entities. [read post]
9 Aug 2020, 6:00 am by Charles (Chuck) Rubin
That primary annuitant is the individual beneficiary (not the grantor), so distributions after the death of that beneficiary are not subject to the 10% addition to tax.Code § 72(u)(1) nondeferral to trust owners. [read post]
3 Jan 2019, 6:08 am by John Jascob
Accordingly, under the proposal an insured depository institution must satisfy two conditions to qualify for exclusion from the definition of "banking entity": the institution, and every entity controlling it, must have (1) total consolidated assets equal to or less than $10 billion and (2) total trading assets and liabilities equal to or less than five percent of total consolidated assets. [read post]
31 Mar 2022, 6:24 am by Jacob Tingen
However, it’s important to note that these classifications are based on how each business type files their taxes, and does not correlate to how much they’ll pay or even who ends up paying in the end. [read post]
12 Dec 2018, 6:28 am by Charles B. Jimerson, Esq.
Insolvency or the vicinity of insolvency does not create a new duty for directors and officers, it only causes the existing duties to apply to the corporation’s creditors. [read post]
12 Dec 2018, 6:28 am by Charles B. Jimerson, Esq.
Insolvency or the vicinity of insolvency does not create a new duty for directors and officers, it only causes the existing duties to apply to the corporation’s creditors. [read post]
6 Dec 2014, 1:53 pm by Kirk Jenkins
 But the Local Governmental and Governmental Employees Tort Immunity Act (745 ILCS 10/1-101) provides that for actions against a “local public entity,” the limitations period is one year. [read post]
18 Mar 2020, 5:00 pm by A. Robert Quirk, Muhammad U. Faridi
  He held that Delaware law does not create a claim for director liability, and that there was no factual basis for piercing the entitiescorporate veils to hold the directors liable for the alleged fraud. [read post]
2 Mar 2011, 3:17 pm by Russell Jackson
Recently, I wrote about the Second Circuit's conclusion that the Alien Tort Statute of 1789 does not confer jurisdiction over corporations or juridical entities, but rather countenances suits against States or individuals for violation of international law. [read post]
19 Apr 2022, 9:01 pm by Allison L. Land
Conversions of Delaware Corporations The conversion of a Delaware corporation into another entity presently requires unanimous approval of stockholders. [read post]