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Other cases have found that even where corporate formalities are observed, the payment of a high amount of compensation to corporate officers, while refusing to pay dividends to benefit minority shareholders, can be considered oppressive conduct, depending on the corporation’s overall financial picture. [read post]
Corporate Sustainability Due Diligence The proposed Corporate Sustainability Due Diligence Directive (CS3D) became one of the most politically contentious legislative files of this Parliament’s legislative term. [read post]
2 May 2024, 5:53 am by Tom Joscelyn
The Trump Corporation was convicted of seven felonies, while the Trump Payroll Corp. was convicted of six. [read post]
29 Apr 2024, 10:00 pm by Sherica Celine
DOL’s Employee Benefits Security Administration division finalized amendments to Class Prohibited Transaction Exemption 84-14 (Qualified Professional Asset Manager Exemption or QPAM), which permits various parties related to employee benefit plans and IRAs to engage in transactions involving plan and IRA assets, provided they satisfy specified financial standards. 89 Fed. [read post]
29 Apr 2024, 9:01 pm by renholding
Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency’s (“CISA”) notice of proposed rulemaking, including the text of the proposed regulation that would implement the key provisions of the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA” or the “Act”). [read post]
27 Apr 2024, 7:51 am by Rob Robinson
Background Note: The Hart Scott Rodino Act (HSR Act), a pivotal federal law, mandates companies to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before finalizing mergers or acquisitions involving certain assets or voting securities. [read post]
25 Apr 2024, 9:05 pm by renholding
Grewal specifically addressed criticism that the SEC has exceeded its authority in bringing actions against crypto companies and what he deemed “crypto asset securities,” maintaining that while crypto assets may be new, the challenged transactions fall within the framework that courts have used for more than 80 years. [read post]
23 Apr 2024, 5:57 am by Anna Tkachova
(Editor’s note: This article is part of Just Security’s Symposium, International Law in the Face of Russia’s Aggression in Ukraine: The View from Lviv.) [read post]
22 Apr 2024, 7:00 am by Mike Habib, EA
Form 941 is used by employers to report income taxes, social security tax, or Medicare tax withheld from employees’ paychecks. [read post]
22 Apr 2024, 1:35 am by Katelynn Minott, CPA & CEO
Pros of forming an S corp Liability protection: Like LLCs, S corporations help protect the personal assets of their members (in this case, shareholders). [read post]
20 Apr 2024, 9:05 pm by Melissa Bredbenner
ESG is designed to capture the notion that because groups beyond shareholders and issues beyond short-term profits impact financial performance, corporations must consider and respond to those groups and issues to better ensure long-term financial sustainability. [read post]
Money laundering is the act of disguising financial assets so they can be used without detection of the illegal activity that produced them. [read post]
19 Apr 2024, 9:27 am by CFM Admin
Additionally, we’re pleased to welcome Afruz Sayah as an Associate and Stephanie Cepeda as a Paralegal for the Corporate and Transactional practice group. [read post]
18 Apr 2024, 9:01 pm by renholding
Every day, we see individuals, corporations, analysts, and others touting these developments. [read post]
17 Apr 2024, 5:00 am by herrmann
Contact Diane Roskies today to explore your international estate planning needs and secure your family’s financial future.The post Lost in Translation: Blunders in International Estate Planning No. 4 first appeared on Offit Kurman. [read post]
16 Apr 2024, 1:47 pm by Harbir Deol
This includes how assets will be divided, handling of shared intellectual property and responsibilities for ongoing liabilities. [read post]
16 Apr 2024, 12:26 pm by Gina Zuel
The Corporate Transparency Act (“CTA”) was implemented as of January 1, 2024, to combat illicit financial activities. [read post]
15 Apr 2024, 10:00 pm by Sherica Celine
DOL’s Employee Benefits Security Administration division finalized amendments to Class Prohibited Transaction Exemption 84-14 (Qualified Professional Asset Manager Exemption or QPAM) which permits various parties related to employee benefit plans and IRAs to engage in transactions involving plan and IRA assets, provided they satisfy specified financial standards. [read post]
12 Apr 2024, 12:06 pm by Susan L. Friedman
By staying informed and exploring available options, depositors can navigate these changes effectively while safeguarding their financial assets. [read post]