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21 Apr 2014, 9:40 am by Casey W. Riggs
That is, a corporation may generally not redeem shares when the payment would cause the corporation to be insolvent. [read post]
21 Apr 2014, 9:40 am by Casey W. Riggs
That is, a corporation may generally not redeem shares when the payment would cause the corporation to be insolvent. [read post]
21 May 2020, 11:00 pm by Daniel E. Cummins, Esq.
In two (2) recent Federal Pennsylvania District Court Decisions, separate courts held that the Third Circuit’s decision in the Bane case, recognizing general jurisdiction by consent, conferred by virtue of a foreign corporation’s securing a registration to do business in Pennsylvania, remains binding. [read post]
25 Nov 2013, 9:00 am by P. Andrew Torrez
We’ve written frequently about the long-standing practice in the corporate world of including mandatory arbitration clauses in employment contracts. [read post]
While a stock purchase involves entering into an agreement with each stockholder of a target company, creating an avenue to bind each selling stockholder to terms such as indemnification obligations, non-compete clauses and general releases, in a merger structure direct contractual relationships are only established with those target stockholders who may sign a written consent or voting agreement to support the merger. [read post]
23 Jul 2014, 8:48 am
The Guiding Principles of Business and Human Rights at a Crossroads: The State, the Enterprise, and the Spectre of a Treaty to Bind them AllLarry Catá Backer Abstract: This article considers the issues emerging from the front lines of these battlegrounds—all framed by the GPs. [read post]
9 Aug 2022, 9:05 pm by Oliver Hart and Luigi Zingales
Most investors own stock via a financial intermediary, generally a mutual fund. [read post]
4 Feb 2007, 6:28 pm
The Delaware General Corporation Law does not contain provisions that prevent directors from entering into contracts with third-parties for legitimate reasons simply because those contracts necessarily impinge on the directors' future freedom to act. [read post]
23 Apr 2024, 9:01 pm by renholding
On March 28, 2024, the Council of the Corporation Law Section of the Delaware State Bar Association (DSBA) approved proposed amendments to the Delaware General Corporation Law (DGCL) in order to align the DGCL’s provisions with current market practices following several recent Court of Chancery decisions. [read post]
29 Jun 2011, 3:17 am by Bob Kraft
That means, Justice Thomas wrote, that makers of generic drugs are caught in an impossible bind: they can comply with a state law requiring them to change their labels or the federal law prohibiting changes, but not both. [read post]
17 Sep 2018, 6:00 am by Doug Cornelius
I generally think of SEC guidance for investment advisers as a mixed bag. [read post]
3 Jun 2015, 12:58 pm by Mack Sperling
  The LLC and its corporate member (Pittco) argued that the signatures of the attendees at the mediation were not sufficient to bind them. [read post]
10 Feb 2013, 10:03 am by Larry Catá Backer
If civil society could apply pressure to the dominate institutions within a particular industry, and within a particular social context, and monitors its operations, it could generalize throughout its entire industry as well as that social context. [read post]
19 Jan 2016, 11:21 am by John Jascob
The defendants refused the proposal and instead argued for a dismissal with prejudice also binding on all other potential plaintiffs.Substantive law. [read post]
Curexo Technology Corporation, the court found that the employer could not force the dispute into binding arbitration because: The agreement was prepared by the employer; The employee’s consent to the agreement was required as a condition of employment; The employee was not given a copy of the arbitration rules that were recited in the agreement as governing the dispute; The agreement changed the rules on the recovery of attorneys’ fees in discrimination cases, in a… [read post]