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26 Jan 2009, 3:14 am
She intends to ``take a big deep breath'' and carefully examine this entire area again.While she applauds a single set of global accounting standards as a very beneficial thing, allowing investors to compare companies around the world, she has concerns with the roadmap that has been published by the SEC. [read post]
24 Jan 2009, 5:10 am
A chief responsibility of a BOT chairman at any university is raising and managing funds. [read post]
15 Jan 2009, 8:42 am
The company never lined up money to back up his promise to the trustees, he said. [read post]
15 Jan 2009, 1:05 am
  The company also disclosed at the same time that it had entered into a related party transaction with a company controlled by its Chairman, Stephen Ross, and its Managing Trustee, Jeff Blau, whereby this separate company agreed to provide Centerline with $131 million in financing in exchange for 12.2 million shares of newly-issued convertible stock that will pay an 11% dividend. [read post]
8 Jan 2009, 2:27 pm
  For example, a trustee arrangement whereby a trustee has the authority to vote shares of different or unrelated parties may give rise to a "control" scenario. [read post]
7 Jan 2009, 2:03 pm
  For example, a trustee arrangement whereby a trustee has the authority to vote shares of different or unrelated parties may give rise to a "control" scenario. [read post]
3 Jan 2009, 1:22 pm by chucknewton
  The disabling services deployed by these companies must seem insidious to these companies as well. [read post]
21 Dec 2008, 2:35 pm by Michael Stevens
Redland Insurance Company     Western District of Michigan at Grand Rapids SUTTON, Circuit Judge. [read post]
21 Dec 2008, 2:35 pm by Michael Stevens
Redland Insurance Company     Western District of Michigan at Grand Rapids SUTTON, Circuit Judge. [read post]
16 Dec 2008, 4:00 am
If the debtor is a company, the managing directors do not have the authority to petition for bankruptcy of the company without authorization thereto from the general meeting, unless otherwise stipulated in the articles of association. [read post]
15 Dec 2008, 2:40 pm
Also, in a chapter 11 liquidation there is typically no trustee appointed and the pre-bankruptcy management of the debtor company will continue to manage the company's affairs during the liquidation. [read post]
13 Dec 2008, 12:13 am
("Radcliffe") (collectively, "Appellants") appeal the district court's opinion and order affirming the bankruptcy court's order which allowed the Trustee, William W. [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]
11 Dec 2008, 8:17 am
Banks and trustees are licensed by the Superintendent of Banks, which has a list of :- Authorized banks[www.superbancos.gob.pa]- Authorized trustees[www.superbancos.gob.pa] The Commission has also taken a role in keeping tabs of Panama corporations which have unregistered shares and have been known to take advantage of grey areas of securities law in order to take risks from unsavvy investors. [read post]
10 Dec 2008, 6:31 pm
Besides the control that comes with equity, the draft bailout legislation provides for the feds to take direct day-to-day control of the companies via an “auto czar,” who would “act as a kind of trustee with authority to bring together labor, management, creditors and parts suppliers to negotiate a restructuring plan” and would have authority “to review any transaction or contract valued at more than $25 million. [read post]
9 Dec 2008, 2:07 am
  For the uninitiated, bankruptcy gives the trustee (or in this case debtor-in-possession a/k/a/ DIP) that manages the bankrupt company's assets some remarkable powers:  the DIP may assume and assign many of the debtor's "executory contracts" notwithstanding any contractual provision or law to the contrary. [read post]
8 Dec 2008, 12:29 pm
Both kinds of trusts are long-term arrangements in which a manager (called a "trustee") invests and manages assets for someone (called a "beneficiary") on the terms you specify. [read post]
8 Dec 2008, 12:59 am
All litigants face the challenge of managing lawsuit expenses and exposures. [read post]