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10 Aug 2011, 2:13 am
The litigation in England concerning the validity of the "flip" provisions in the Lehman credit default swap transactions, under which the priority changed from swap counterparty (ie Lehman) priority to noteholder priority on the insolvency of the Lehman entities (litigation which began under the title Perpetual Trustee Company Limited v BNY Corporate Trustee Services Limited), has finally come to an end with a Supreme Court decision under the title Belmont Park… [read post]
4 Feb 2011, 8:57 am
Picard (“Trustee”), as trustee for the substantively consolidated liquidation of the business of Bernard L. [read post]
8 Sep 2010, 3:00 am
KPMG LLP on whether, under New York law, the acts of the corporate insiders can be imputed to the corporation, in which event, pursuant to the Wagoner rule, the trustee for a debtor corporation lacks standing to recover against third parties for damage to the creditors. [read post]
16 Sep 2011, 10:00 am
The post is copied below, for your enjoyment: Appropriate for use on eligible ladies, gentlemen, personal trustees, corporate trustees and other personal representatives. [read post]
8 Jan 2013, 7:38 am
The estate has the benefit of the net value, if any, of the shares, but the trustee isn’t accountable as directly for the activities of the corporate business post petition. [read post]
26 Oct 2009, 9:12 pm
Amongst other things the Bill amends the Corporations Act 2001 to: establish a national regulatory regime for margin loans ; require that promissory notes valued at $50,000 or over are subject to the same regulatory regime as debentures; require the establishment of a public register of debenture trustees. [read post]
18 Aug 2021, 6:43 am
(CRD#:17530) of Sand Springs, OK, and Invest Financial Corporation (CRD#:12984) of Appleton, WI. [read post]
10 Mar 2010, 12:53 pm
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has announced that the Government proposes to amend the Corporations Regulations 2001 to provide that certain borrowing arrangements by superannuation fund trustees permitted by the Superannuation Industry (Supervision) Act 1993 (the SIS Act) are financial products under the Corporations Act 2001. [read post]
4 Jul 2012, 1:00 am
When a testator dies leaving a private corporation ("Company") as an active going concern, the estate trustee named in his or her Will faces immense challenges. [read post]
2 Mar 2011, 6:42 pm
Where a dissolved corporation was still in the winding up phase and under the operation of its directors, the Court of Chancery denied a motion to restore its corporate existence and appoint a trustee while litigation filed prior to the filing of the dissolution was still pending. [read post]
15 Jan 2013, 7:53 am
Why not file 7 Trustee empowered to examine corporation’s dealing with its shareholders. [read post]
23 May 2013, 8:00 am
Given that the bankruptcy trustee waited more than two years to request the corporation's records, her ignorance of the notice provision did not excuse her non-compliance with it. [read post]
29 Mar 2021, 12:58 am
Celebrate this Easter by securing the future of your Spouse and ChildrenFREE consultation (30 Minutes)10% discount on New TrustsPayment holiday on the monthly Trustee FeesContact me at gareth@prop-law.co.za or visit us at www.elegantcorp.co.zaHave a GREAT Easter! [read post]
29 Mar 2021, 12:58 am
Celebrate this Easter by securing the future of your Spouse and ChildrenFREE consultation (30 Minutes)10% discount on New TrustsPayment holiday on the monthly Trustee FeesContact me at gareth@prop-law.co.za or visit us at www.elegantcorp.co.zaHave a GREAT Easter! [read post]
25 Sep 2018, 6:00 am
A Voting Trust Agreement is an agreement where two or more shareholders transfer their shares to an agreed upon voting trustee. [read post]
9 Jun 2007, 7:02 am
A bankruptcy corporation paid many expenses within one year of bankruptcy including salaries and other money due to corporate insiders who had provided services to the corporation. [read post]
16 May 2007, 3:10 pm
Meanwhile, naming a corporate trustee avoids many of the issues...at a cost. [read post]
11 Apr 2012, 10:33 am
A recent CFA Institute report noted that corporate trustees are better prepared to understand and address the risk and liability issues that go into setting up and executing a trust. [read post]
20 Sep 2023, 12:15 am
A trustee is not entitled to vote shares without transfer of those shares into the trustee's name. [read post]
11 Apr 2011, 6:53 pm
(Corporation Code, sec. 46). [read post]
