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5 Jun 2012, 8:35 am
The transition to a more business-friendly tax climate commenced a few years ago with the elimination of Ohio's personal property and corporate franchise taxes, which had imposed an especially heavy burden on C corporations with significant in-state presence, and replacing these taxes with a commercial activity tax described below. [read post]
9 May 2023, 9:01 pm
Such a remedy would have to be exercised with care, but should in fact be exercised where there is a material breach of a “clear and unambiguous” bylaw.[10] Directors have a duty to protect the stockholder franchise, and ensuring some measure of proper disclosure is a critical to that task. [read post]
17 Feb 2017, 1:28 pm
This article is co-authored by Daniel B. [read post]
17 Feb 2017, 1:28 pm
WHAT TO DO IF YOU SUSPECT YOUR EB-5 PROJECT IS IN TROUBLE By: Catherine DeBono Holmes, Esq., Daniel B Lundy, Esq. and Jeffrey E. [read post]
14 Jul 2009, 6:37 am
Delaware promptly copied New Jersey's statute with a modest franchise tax and the rest is history. [read post]
31 Jul 2018, 10:40 am
While CVS Health’s acquisition of Aetna kept the company–which had planned a relocation to New York City–in Hartford,[6] there was no such reprieve with General Electric or Alexion Pharmaceuticals, both of which decamped to Boston.[7] Corporations headquartered elsewhere, like Caterpillar, Motorola, and Kraft Heinz, reduced the size of their Connecticut workforces—and that’s just the companies that shifted jobs to one city, Chicago.[8] The biggest companies… [read post]
