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3 Apr 2020, 4:14 pm by John Jascob
Other related problems include call center volumes with frustrated or confused clients who cannot access their brokers, delays in trade executions, and delays in fund transfers, Gerold said. [read post]
16 Mar 2020, 4:10 am by Franklin C. McRoberts
As part of their judicial dissolution cause of action, they demanded an “order pursuant to Section 1104-a(d) . . . adjusting the stock valuations for Eagle and providing a surcharge upon the directors or those in control of the corporation, other than Kyriacou, due to their willful and reckless dissipation and transfer of assets and corporate property without just or adequate compensation therefor. [read post]
15 Mar 2020, 8:59 pm by Omar Ha-Redeye
” This provision was invoked in an award in Lakeridge Health Corporation v Ontario Nurses’ Association, specifically to ensure that there were adequate stocks of N95 respirators and other personal protective equipment in the emergence of a pandemic. [read post]
4 Mar 2020, 12:54 pm
Count III alleges unjust enrichment as a result of Appellees’ failure to transfer all of Allomet’s outstanding stock, Allomet’s intellectual property, and Yanchep’s membership units and real property to AHMR as agreed in the R&L Agreement. [read post]
27 Feb 2020, 6:28 pm by Francis Pileggi
In connection with that analysis, the court discussed the different levels of review applicable to such actions, in addition to the business judgment rule, based on which a court will analyze the actions of directors or others who owe fiduciary duties. [read post]
24 Feb 2020, 2:06 am by Peter Mahler
Invalid Stock Sale Rescues Shareholder’s Derivative Claims Jiang v Wu, 2019 NY Slip Op 00576 [2d Dept Jan. 29, 2020], involves a 25% shareholder’s derivative action against the controlling shareholders of a real estate holding corporation. [read post]
13 Feb 2020, 9:01 pm by Tamar Frankel
Here are the details of the case.KCM, a registered investment adviser, managed CIT corporation’s finances. [read post]
7 Feb 2020, 7:53 am by Shannon O'Hare
In an attempt to prevent a similar occurrence in the future, Argentina included “single-limb collective action” clauses to recently issued debt. [read post]
6 Feb 2020, 3:02 am by Liz Dunshee
In a separate administrative proceeding instituted on December 23, 2019, the grad consented to be barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization, and from participating in any penny stock offering. [read post]
27 Jan 2020, 3:58 am by Peter Mahler
The Choi case also contains echoes of decisions I’ve written about involving close corporations with shareholder agreements containing compulsory or optional buyout provisions for shareholders who seek to “dispose” of their stock which, depending on the breadth of the wording used, courts on occasion have held are triggered by the filing of a petition for judicial dissolution. [read post]
27 Jan 2020, 1:50 am by Kevin Kaufman
Asset owners with 6 or 8 percent return on higher-risk investments, such as private equity funds or corporate stocks, may still be able to accumulate wealth. [read post]
25 Jan 2020, 12:08 pm by Gene Takagi
Noncash contributions exclude contributions made by cash, check, electronic funds transfer, debit card, credit card, or payroll deduction. [read post]
13 Jan 2020, 4:06 am by Peter Mahler
Members were required to own shares in the separate realty holding entity organized as a stock corporation, such that for many years afterward membership in the club was coextensive with ownership in the stock corporation. [read post]
  This exercise could also be hugely beneficial if you are thinking of applying for intra-group data transfer solutions, such as binding corporate rules or a certification. 6. [read post]
  This exercise could also be hugely beneficial if you are thinking of applying for intra-group data transfer solutions, such as binding corporate rules or a certification. 6. [read post]
6 Jan 2020, 4:30 am by Andrew Lavoott Bluestone
“This action arises out of an attorney-client relationship that existed between Plaintiffs and  Defendants. [read post]
3 Jan 2020, 5:35 am by Richard Altieri, Benjamin Della Rocca
Business groups in the U.S. have widely praised the deal as a positive step, and U.S. stocks rallied on news of the deal. [read post]
31 Dec 2019, 12:55 pm by Mavrick Law Firm
   By showing that the person is an equitable owner of stock, that person may acquire standing to sue the corporation in a derivative action or an action to dissolve the corporation. [read post]
31 Dec 2019, 4:40 am by Ben
  But interestingly this view caused a split with the actual creators of music who were taking a very different view to the corporate owners of copyrights - as they still saw big benefits from the planned Copyright Directive. [read post]