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2 Oct 2014, 8:10 am by MBettman
When a corporation has received from a director the undertaking described in R.C. 1701.13(E)(5)(a), the corporation is required to advance expenses to the director unless the corporation’s articles or regulations specifically state that R.C. 1701.13(E) does not apply to the corporation. [read post]
9 Feb 2010, 8:00 am by Anthony Lake
” That section provides for a base score of 5 points with increases or decreases to the level for: 1. [read post]
30 Jun 2014, 7:19 am
Hobby Lobby is a 5-to-4 decision on the bottom line, but only 5-to-2 on whether for-profit corporations may bring RFRA claims, or whether owners of those corporations may sue based on restrictions imposed on those corporations. [read post]
7 Jun 2011, 7:28 pm by Lyle Denniston
  The panel split 2-1, and the en banc Court divided 5-5 in refusing to reconsider the panel result. [read post]
7 Aug 2015, 6:01 am by Steven Boutwell
  The LBCA allows corporations to terminate by simplified articles of termination if the corporation:  (1) does not owe any debts; (2) does not own any immovable property; and (3) has not issued shares or is not doing business. [read post]
1 Nov 2019, 6:26 pm by Unknown
 As a consequence, it will be considered dissolved, with all the legal effects that this entails.The natural or legal person, national or foreign, who has received from third money for the purpose of making the payments of this rate and does not enter them in favor of these to the National Treasury will be sanctioned with a fine not less than five (5) times nor greater than ten (10) times the amount not paid.Paragraph 5. [read post]
14 Apr 2022, 3:30 am by Liz Dunshee
Shortly afterwards, Debevoise published this 5-page memo – which does a great job of explaining why you’ll need to get your arms around AI if you’re advising boards. [read post]
6 May 2023, 11:47 pm by David Oxenford and Robert Primosch
  The requested ruling would (1) permit up to 100% aggregate foreign investment (voting and equity) in the licensee, and (2) specifically approve certain foreign investors to hold more than 5% equity and/or voting interest in the licensee. [read post]
24 Oct 2017, 10:58 am by Colby Pastre
If they adhere to the proposals outlined in the jointly produced Unified “Framework,” one of the central elements of the plan will be a reduction in the federal corporate income tax rate from the current level of 35 percent—the highest[1] federally imposed corporate tax rate in the industrialized world—to 20 percent, which would put the U.S. rate below the global average. [read post]
2 Nov 2008, 1:58 pm
The impropriety must be linked to the use of the company structure to avoid or conceal liability.5. [read post]
10 Nov 2017, 8:14 am by Gibbons P.C.
More than 100 participants were provided with the statutory and regulatory history of the Bulk Sales Act (N.J.S.A. 54:50-38), Realty Transfer Fee Law (N.J.S.A. 46:15-5 et seq.), and Controlling Interest Transfer Tax (“CITT”; N.J.S.A. 54:15C-1), along with practical tips for navigating these laws, together with invaluable insight from the State representatives. [read post]
14 Nov 2006, 9:23 am
As our amazing Illinois Corporate Colloquium speaker series wraps up this week, Larry Mitchell is speaking today on corporate behavior. [read post]
4 Mar 2024, 5:56 pm
Janet Yellen, Case 5:22-cv-01448-LCB (NDAla, slip op. 1 March 2024) that the Corporate Transparency Act (CTA) is unconstitutional beaucause it exceeds Congress's legislative authority. [read post]