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29 Feb 2020, 1:10 am
This framework essentially girdles around the principle of coordination and cooperation and in consonance with these principles the National Company Law Appellate Tribunal [“NCLAT”] in Jet Airways case has extended these principles by providing sufficient rights to Dutch trustee and observed that– “as per law, he (Dutch Trustee) has a right to attend the meeting of the Committee of Creditors” However, despite effective coordination… [read post]
29 Feb 2020, 1:10 am
This framework essentially girdles around the principle of coordination and cooperation and in consonance with these principles the National Company Law Appellate Tribunal [“NCLAT”] in Jet Airways case has extended these principles by providing sufficient rights to Dutch trustee and observed that– “as per law, he (Dutch Trustee) has a right to attend the meeting of the Committee of Creditors” However, despite effective coordination… [read post]
11 Dec 2008, 12:42 pm
In a traditional gratuitous trust, the donor of the gift is the "settlor" of the trust and transfers assets to the trust to be managed by the trustee for the benefit of the beneficiaries. [read post]
20 Jan 2015, 9:55 am
His title with each company was Quality Control Manager, and his duties were substantially the same. [read post]
4 Oct 2009, 10:31 am
Can I establish criteria that my mom must be able to manage? [read post]
21 Apr 2016, 10:07 am
In the case of employer sponsored plans subject to the Employee Retirement Income Security Act of 1974, for instance, the selection and proper oversight of business associates and the management of plan data both are subject to the fiduciary responsibility rules of ERISA. [read post]
21 Apr 2016, 10:07 am
In the case of employer sponsored plans subject to the Employee Retirement Income Security Act of 1974, for instance, the selection and proper oversight of business associates and the management of plan data both are subject to the fiduciary responsibility rules of ERISA. [read post]
10 Jan 2013, 1:21 pm
Regulation § 46.4376-2(b)(2) defines plan sponsor to mean the following: The employer for a self-insured health plan established or maintained by a single employer; The employee organization for a self-insured health plan established or maintained by an employee organization; The joint board of trustees for a multiemployer plan within the meaning of Code §414(f)); The committee, in the case of a multiple employer welfare arrangement within the meaning of Section 3(40) of the… [read post]
20 Apr 2020, 4:10 am
Under section 4A-606.1(a) of Maryland’s LLC Act: [W]ithin a reasonable time after the person ceased to be a member, the limited liability company may elect to pay the person or the person’s successor in interest, in complete liquidation of the person’s membership interest, the fair value of the person’s economic interest in the limited liability company as of the date the person ceased to be a member, based upon the person’s right to share in… [read post]
14 Jun 2020, 9:14 am
If this surge in bankruptcy filings does materialize, one likely side-effect will be a wave of D&O claims filed against the directors and officers of the bankrupt company by creditors or bankruptcy trustees. [read post]
6 Jun 2008, 1:34 am
According to the complaint (which can be found here), the defendants in the lawsuit include Fidelity Management & Research Company, which is the investment advisor to the Fidelity mutual funds, and related entities, and also include the 21 individual trustees of the Ultra-Short Bond Fund. [read post]
10 Dec 2017, 6:39 pm
He is a trustee of USC, his alma mater. [read post]
17 Sep 2012, 1:30 am
The delicate balance between the “good” and the “bad” IPOs often ends up on the desk of a company’s risk manager. [read post]
25 Jun 2007, 2:50 am
However, if pressure to lend continues at the present levels, one wonders whether the banks will dig their heels in and voluntarily insist on this level of scrutiny.It would be peculiar if the only people left objecting to target company leverage were the pension trustees! [read post]
21 May 2009, 5:04 am
Company also have to file? [read post]
15 Jun 2009, 7:07 am
The case is Hamilton, Trustee, v. [read post]
14 Apr 2007, 11:02 am
In a nutshell, what that means is that advisers, typically lawyers and/or law firms, added to the insolvency of a failing financial company through bad advice or by failing to blow the whistle on a company's wrongdoing. [read post]
7 Jun 2023, 11:11 am
A trustee would manage the settlement funds, following the terms of the trust. [read post]
14 Aug 2011, 7:50 pm
(a)) when she delivered the claim to the risk management department of the county hospital where the alleged injury occurred. [read post]
22 Feb 2010, 10:00 am
Yet even though I can unbundle the case, separate it into tiny, manageable pieces, I can't unbundle my heart. [read post]
