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25 Apr 2008, 5:00 pm
However, the benefits of having a corporate trustee can be had without wedding your trust beneficiaries to a particular bank or trust company in perpetuity. [read post]
15 Nov 2019, 7:54 am by Bill Bratton
Meanwhile, many states never adopted it and, analogizing to trust law, let officers and directors contract with the company subject to approval by a disinterested director majority. [read post]
30 Jun 2012, 2:39 pm by Lanigan
For most corporations the directors and officers have the authority to make the major decisions for the company. [read post]
20 Jun 2019, 11:46 am by Daily Record Staff
First United Corporation is the parent company of Oakland-based First United Bank & Trust, a Maryland trust company with commercial banking powers. [read post]
12 Dec 2022, 6:05 am by Daily Record Staff
First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers. ... [read post]
24 Apr 2022, 8:12 am by Cari Rincker
It has no more than one hundred Its shareholders and members are only individuals, estates, and certain trusts; they may not be partnerships, corporations, or nonresident aliens. [read post]
6 Oct 2017, 9:14 am by Christopher J. Gray
’  Among those concerns highlighted by FINRA were issues related to so-called ‘alternative’ investments such as non-traded real estate investment trusts (“REITs”) and non-traded business development companies (“BDCs”): Continue reading The post FINRA Focuses On Non-Traded Business Development Companies – Have You Lost Money In a Non-Traded BDC Such As Sierra Income Corporation? [read post]
9 Apr 2016, 6:16 am by Pam Potter
You could engage a professional fiduciary like a bank or a trust company. [read post]
11 Dec 2017, 8:19 am
Lawsuits, Bankruptcy, and the Asbestos Trust Fund After a massive amount of asbestos-related lawsuits against the company, Congoleum Corporation tried to file for bankruptcy protection in 1993, but its reorganization plan was not approved until 2010. [read post]
24 Apr 2009, 2:35 am
San Diego Small Business Law Blog has a good post on this subject - S-Corporation Election For Your Limited Liabiliy Company (LLC)? [read post]
2 Feb 2012, 3:28 pm by eithurburn@getnicklaw.com
City Attorney has filed False Claims Act suit against Northern Trust Corporation alleging that the company’s high risk investment practices resulted in a loss of $95 million for the city’s pension funds. [read post]
14 Apr 2010, 6:15 am by Steven Peck
One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. [read post]
19 Jan 2010, 7:17 am by Stikeman Elliott LLP
A Harris/Decima survey of Canadian income trust executives was published today, revealing that 84% of trust executives expect that conversion to a corporation will trigger a reduction in distributions/dividends currently paid to investors. [read post]
30 Oct 2013, 4:39 pm by Dheeraj K. Singhal
Directors of corporations have a fiduciary duty to act in good faith and in the best interests of the company. [read post]
22 Apr 2018, 7:06 pm by Francis Pileggi
His Honor observed that most beneficial owners of stock register their shares in the name of Cede & Co., the nominee of the Depository Trust Company, or DTC. [read post]
  On July 26, this publicly registered non-traded real estate investment trust (non-traded REIT) announced its merger with Capstead Mortgage Corporation. [read post]
26 May 2015, 6:30 am by Paul A. Kraft, Estate Planning Attorney
To overcome these obstacles, you could use a corporate entity like a bank or a trust company. [read post]