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16 May 2024, 1:24 pm
Essentially, the exemption allows managers to engage in transactions that would otherwise be prohibited by ERISA related to the ESOP, as long as they meet certain standards related to how the parties conduct valuations of the company’s stock. [read post]
16 May 2024, 7:57 am
These can be intangible objects or things: corporations, states and other forms of human collectives or communities. [read post]
16 May 2024, 7:21 am
Oversight by senior management: We expect that the reasonable procedures guidance will suggest that some level of approval or certification of the risk assessment should be given by senior management or the board. [read post]
16 May 2024, 7:15 am
For any Texas corporation, mainly those privately held, these agreements serve as a foundational tool for managing corporate affairs and aligning the interests of all parties involved. [read post]
15 May 2024, 9:05 pm
And clearinghouses serve to standardize credit risk, enabling fungibility as well as assuaging concerns related to default. [read post]
15 May 2024, 9:01 pm
Given the accounting profession’s role of enhancing the public trust in corporate financial statements for the success of our capital markets, accounting is called to be a profession that holds its members to high standards of ethics and integrity.[2] As the Supreme Court emphasized more than forty years ago, our profession’s “public watchdog function demands that the accountant maintain total independence from the client at all times and requires complete… [read post]
15 May 2024, 1:19 pm
Chinese Americans and Korean Americans score higher on standardized math tests and other measures of mathematical ability than most other national origin groups…. [read post]
15 May 2024, 6:02 am
The following issues should be considered when drafting a detailed D&O insurance clause for the Employment Agreements of Managing Directors in case of a German Limited Liability Company in the Managing Directors and Members of the Management Board in case of a German Stock Corporation. members of the Management Board Service AgreementsII. [read post]
15 May 2024, 5:00 am
A corporate Trustee is not an individual but rather a financial institution, such as a bank or investment firm, that assumes the fiduciary responsibility of managing a Trust. [read post]
14 May 2024, 4:59 pm
They packed up their chairs and furled banners as the makeshift tent city slowly transformed back into a standard campus plaza. [read post]
13 May 2024, 10:00 pm
Click here to review the robust and growing collection of more than 150+ data points from publicly filed transactions available in Market Standards .. [read post]
13 May 2024, 10:00 pm
Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client relationship, an overview of privacy regulations in the United States, and a primer on the new Corporate Transparency Act requirements. [read post]
13 May 2024, 10:00 pm
For related Practical Guidance content on important recent trends, please review these easy-to-use Resource Kits on a variety of emerging topics: Bank Failure Resource Kit Environmental, Social, and Governance (ESG) Resource Kit Generative Artificial Intelligence (AI) Resource Kit Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client… [read post]
13 May 2024, 12:09 pm
Background Origis USA LLC is a defendant in an underlying federal court liability suit relating to a corporate transaction. [read post]
13 May 2024, 8:54 am
SEC adopts climate disclosure rules for corporations. [read post]
13 May 2024, 6:41 am
One person who fulfills both capacities will necessarily have less time and attention to devote to any singular role, leading to less effective management of legal risks. [read post]
13 May 2024, 4:50 am
A “real and substantial interest” standard sounds rather favorable for an unnamed shareholder hoping to intervene in a derivative suit. [read post]
13 May 2024, 3:30 am
Through his efforts, Actalent has not only enhanced its internal culture but has also set a standard in the industry for fostering inclusive environments. [read post]
13 May 2024, 3:30 am
Through his efforts, Actalent has not only enhanced its internal culture but has also set a standard in the industry for fostering inclusive environments. [read post]
10 May 2024, 7:16 am
Firstly, the Illinois Limited Liability Company Act (805 ILCS 180/15-3) specifies that a member of a manager-managed LLC does not owe a fiduciary duty to the LLC unless they are a manager under the terms of the operating agreement (Katris v. [read post]
