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17 Mar 2021, 5:00 pm by Christopher Wilds, Muhammad U. Faridi
Reed of the New York County Commercial Division, the Court denied a defendant’s motion to dismiss, holding that where it is impossible or futile to obtain a judgment against a defunct corporation that has defaulted on debts by “informal dissolution,” creditors can maintain an action directly against the directors of that company.[1] Background on Informal Dissolution and the Notice Provision of the New York Business Corporation Law When a company… [read post]
8 Mar 2021, 5:13 am by Franklin C. McRoberts
Quoting Parent v Amity Autoworld, Ltd., 15 Misc 3d 633, 640 [Dist Ct, Suffolk County 2007], Justice Reed held that the “cost of an informal dissolution is that directors cannot shield themselves against corporate creditor liability. [read post]
24 Apr 2018, 7:30 am by PAUL NICHOLLS QC, MATRIX
A means of addressing this problem has been to seek to recover so-called Wrotham Park damages, following Wrotham Park Estate Co Ltd v Parkside Homes Ltd [1974] 1 WLR 798. [read post]
26 Nov 2014, 3:18 pm
One is Reed Executive plc v Reed Business Information plc [2002] EWHC 1015 and [2002] EWHC 2772 (Ch) in which the late and much-loved Pumfrey J lamented the existence of "vanishingly small" damage in litigation that cost the parties a fortune and left them in pretty much the identical position to that before which they started suing (though a good deal the poorer). [read post]
17 Jun 2016, 11:44 am by Peter Groves
" I expected to see detailed consideration of the "honest practices in industrial and commercial matters" proviso, as in Volvo v Heritage, but the judge wasn't asked to get into that.Regarding the passing-off claims, these stood or fell with the trade mark claims, and the judge explained the connection between the two which strikes me as an interesting point: Had I found that the message conveyed by TLL’s use of its roundel and the M logo signs in each case did no… [read post]
9 Mar 2018, 12:48 pm by Tim Springer
Box 14590 Lexington, Kentucky 40511-4590 OR Fax to: 1-800-230-9531 Whether a group has only LTD with MetLife or STD and LTD with MetLife, if additional information is required to evaluate a claim, MetLife will contact the employee by phone regarding the required information. [read post]
14 Jan 2018, 12:50 pm by Tim Springer
Helpful Assistance Information for those with Disabilities A collection of information to assist in improving the quality of life for those suffering from the effects of accidents or illness. [read post]
14 Apr 2022, 2:55 am by INFORRM
Mostyn J says that since the judgment in A v M, he has managed to ‘[examine] the arrangements for dispatching business from the dawn of judicial divorce on 1 January 1858’. [read post]
27 May 2013, 12:48 am
The team of judges consisted of Lords Neuberger, Clarke, Sumption, Reed and Carnwath and this was an appeal against a decision going all the way back to April 2011 (noted here by Matt the Kat). [read post]
14 Dec 2020, 11:52 am by CMS
Lord Hodge gave the leading judgment with whom Lord Reed, Lady Black and Lord Lloyd-Jones agreed. [read post]
10 Jun 2014, 5:11 am
He then cited Reed Executive plc v Reed Business Information Ltd [2004] RPC 40 in which Jacob LJ explained that there was a distinction in law between an assumption on behalf of the relevant public and a wondering on their part. [read post]
31 May 2019, 8:07 am by Tim Springer
Lincoln Financial Group is a corporation that operates insurance and investment management businesses. [read post]
7 Aug 2013, 4:10 am by Raj Desai, Matrix
The informality of the legal underpinning of regulation of this sector is distinctly at odds with both the substantial economic interests at stake for educational institutions (who in reality may in many cases depend on non-EEA students for a viable business model, thereby arguably calling into question the Court’s ‘free-choice’ analysis at [29]) and the substantial impact of this regime on sponsored students (particularly, following revocation of a… [read post]
13 Jan 2009, 8:54 am
  Otherwise, the business prospects of the entities so targeted will be greatly reduced. [read post]
30 May 2018, 11:47 am by Tim Springer
Northwestern Mutual focused its business on life insurance through the 20th Century and began offering disability income insurance in 1969. [read post]