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6 Nov 2010, 4:53 am
Accordingly, in view of the applicable domestic laws of Pakistan, the Trust ceased to exist as a legal entity in December 1996. [read post]
4 Nov 2010, 5:00 am by Doug Cornelius
They held that it was an offering of an “investment contract” within the meaning of that term as used in the provision of § 2(1) of the Securities Act of 1933 defining “security” as including any “investment contract,” and was therefore subject to the registration requirements of the Act. [read post]
26 Oct 2010, 2:08 pm by Michael Rinne
An express trust requires (1) present intent by the settler to create a trust, (2) trust property, (3) beneficiary to enforce the trust, (4) trust purpose that is not contrary to public policy, (5) appointed trustee. [read post]
25 Oct 2010, 3:17 pm by Marshall Isaacs
Isaacs Law school taught me that there are two basic elements to any civil action: (1) liability and (2) damages. [read post]
21 Oct 2010, 5:30 am by Emily Chan
Some believe compensation by nonprofits, with assets bound by charitable trust, should not be compared with compensation by for-profit entities, which are generally unregulated. [read post]
16 Oct 2010, 5:58 pm by Business Law Post
These price differentiations among the three states indicate that (1) it is relatively inexpensive to form an LLC in either state; (2) Nevada and Delaware are more expensive places of incorporation for big corporations as they calculate the filing fees based on the amount of capital stock; and (3) Delaware has generally higher fees to form an LP, LLP, LLLP and trusts than do Nevada and Wyoming. [read post]
15 Oct 2010, 8:34 am by Kara OBrien
The new rules must (1) require any securitizer, as defined in the Dodd-Frank Act, to disclose fulfilled and unfulfilled repurchase requests across all of its securitization trusts, so that investors may identify asset originators with clear underwriting deficiencies and (2) require each nationally recognized statistical rating organization (NRSRO) to include in any report accompanying a credit rating of asset-backed securities a description of the representations,… [read post]
14 Oct 2010, 10:21 am
From a legal standpoint, a trust is considered to be a separate legal entity, like a person, and can pay taxes, enter into contracts and be sued. [read post]
13 Oct 2010, 7:00 pm by Hedge Fund Lawyer
IB, CPO and CTA Registration Otherwise regulated entities set forth in Section 2(c)(2)(B)(ii)(II)(aa), (bb), (ee) or (ff) of the Commodity Exchange Act do not have to be registered in the appropriate capacity with the CFTC in order to solicit retail Forex orders, manage retail Forex accounts or operate a retail Forex pool. [read post]
13 Oct 2010, 1:10 pm by admin
Related posts:Share Purchase Agreement (Part 1): Need a lawyer? [read post]
13 Oct 2010, 10:33 am
Two in particular may be very advantageous to small businesses looking to expand: 1) increased §179 deductions for machinery, equipment, and software and 2) new §179 deductions for qualified real property improvements. 1) Section 179 Deductions: Machinery, Equipment, & Software Section 179 of the Internal Revenue Code allows some taxpayers (except trusts, estates, and certain lessors) to deduct the costs of new or used equipment, machinery, and some… [read post]
11 Oct 2010, 1:13 pm by Business Law Post
Out of 84,207 new companies in 2006, 49% were LLCs, 47% were corporations, 3% were limited partnerships and the remaining 1% - limited liability partnerships and business trusts. [read post]
11 Oct 2010, 9:30 am by Rebecca Shafer, J.D.
The specified amount has to be “set-aside” in a trust arrangement to cover future medical bills. [read post]
5 Oct 2010, 11:33 am
The list of such questions could go on and on, but I trust the point has been made: dioceses are not created by General Convention. [read post]