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4 May 2024, 7:00 am by Mark Ashton
We are seeing more and more “creative” operating agreements which allocate corporate power, profits and sales proceeds differently than what is shown on the Forms K-1. [read post]
3 May 2024, 6:30 am
Eccles (Saïd Business School), Richard Gardiner, and Andrea Webster, World Benchmarking Alliance, on Friday, April 26, 2024 Tags: Corporate Sustainability Due Diligence Directive, CSDDD, EU, Sustainability That Starbucks DEI Case Doesn’t Stand for What You Think It Does Posted by Scott Shepard, Stefan Padfield, and Ethan Peck (The National Center for Public Policy Research), on Saturday, April 27, 2024 Tags: dei, discrimination, Race, Shareholders, Starbucks … [read post]
3 May 2024, 6:30 am
Eccles (Saïd Business School), Richard Gardiner, and Andrea Webster, World Benchmarking Alliance, on Friday, April 26, 2024 Tags: Corporate Sustainability Due Diligence Directive, CSDDD, EU, Sustainability That Starbucks DEI Case Doesn’t Stand for What You Think It Does Posted by Scott Shepard, Stefan Padfield, and Ethan Peck (The National Center for Public Policy Research), on Saturday, April 27, 2024 Tags: dei, discrimination, Race, Shareholders, Starbucks … [read post]
3 May 2024, 3:00 am by Jim Sedor
The public show of support for Cruz does not violate the law, but it could raise the appearance of bias by a government regulator, campaign finance lawyer Brett Kappel said. [read post]
” The Final Rule explains that, based on judicial decisions and FTC precedent, the FTC applies a 2-part test to determine if a corporation is organized for profit and thus within the FTC’s jurisdiction, requiring: (1) that there be an adequate nexus between an organization’s activities and its alleged public purposes; and (2) that its net proceeds be properly devoted to recognized public, rather than private, interests. [read post]
” The Final Rule explains that, based on judicial decisions and FTC precedent, the FTC applies a 2-part test to determine if a corporation is organized for profit and thus within the FTC’s jurisdiction, requiring: (1) that there be an adequate nexus between an organization’s activities and its alleged public purposes; and (2) that its net proceeds be properly devoted to recognized public, rather than private, interests. [read post]
29 Apr 2024, 9:01 pm by renholding
Bulk Electric and Distribution System Entities The entity is required to report cybersecurity incidents under the North American Electric Reliability Corporation Critical Infrastructure Protection Reliability Standards or required to file an Electric Emergency Incident and Disturbance Report OE-417 form, or any successor form, to the Department of Energy. [read post]
28 Apr 2024, 3:29 pm by Stuart Kaplow
(Yes the budget was adopted by Senate Bill 360, but the available version does Not include the Conference Committee amendments.) [read post]
24 Apr 2024, 4:00 am by Jordan Furlong
It could be the most consequential development in Canadian legal regulation in more than 100 years. [read post]
22 Apr 2024, 9:01 pm by renholding
Management, on the other hand, may not use corporate assets to buy votes in a hotly contested proxy contest about an extraordinary transaction that would significantly transform the corporation, unless it can be demonstrated … that management’s vote-buying activity does not have a deleterious effect on the corporate franchise. [read post]
19 Apr 2024, 9:27 am by CFM Admin
A qualifying venture capital fund is a venture capital fund which, by virtue of its being under the applicable dollar threshold in aggregate capital contributions and uncalled committed capital, is exempted from the 100 beneficial owner limitation of Section 3(c)(1) of the Investment Company Act of 1940, as amended, and may instead raise capital from up to 250 beneficial owners. [read post]
15 Apr 2024, 9:01 pm by renholding
Custodia has a Special Purpose Depository Institution (SPDI) charter from the State of Wyoming that allows it to take deposits but does not require it to obtain insurance from the Federal Deposit Insurance Corporation (FDIC). [read post]
11 Apr 2024, 9:05 am by Jeffrey J. Spina-Jennings
What does it mean for an organization to be operated for the promotion of social welfare? [read post]