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31 Mar 2022, 7:00 pm by Daniel Jin
Generally, lending to bona fide Dutch professional parties does not trigger a banking licence, unless the loan is to a consumer. [read post]
28 Mar 2022, 7:30 am by Public Employment Law Press
By this waiver, "the State assumed liability for its conduct and consented to have such liability determined in accordance with the same rules of law applicable to individuals and corporations," thereby opening the door to negligence claims against municipal actors (Florence, 44 NY2d at 194-195). [read post]
28 Mar 2022, 7:30 am by Public Employment Law Press
By this waiver, "the State assumed liability for its conduct and consented to have such liability determined in accordance with the same rules of law applicable to individuals and corporations," thereby opening the door to negligence claims against municipal actors (Florence, 44 NY2d at 194-195). [read post]
20 Mar 2022, 6:09 am by Kevin LaCroix
On December 1, 2021, Altimeter completed a business combination with Grab Holdings Limited, a delivery app organized under the laws of Cayman Islands and based in Singapore, with Grab as the surviving entity with its shares listed on Nasdaq. [read post]
  In addition to exempting personal data that is subject to sector-specific privacy laws and regulations, such as HIPAA, the Gramm-Leach-Bliley Act, and the Fair Credit Reporting Act, the UCPA provides that the Act does not apply to certain entities, including a tribes, institutions of higher education, and nonprofit corporations. [read post]
14 Mar 2022, 4:31 am by Franklin C. McRoberts
” The Ferolito Court ruled that “in the absence of an explicit agreement to that effect, a shareholders’ agreement fixing the terms of a voluntary sale does not apply to limit Business Corporation Law § 1118 (a)’s absolute and unconditioned right to avoid dissolution by election” (quotations omitted). [read post]
7 Mar 2022, 4:05 am by Peter Mahler
” (NB: New York business divorce practitioners should recognize that language as tracking the grounds for dissolution of closely held corporations under § 1104-a(a)(1) and (a)(2) of the Business Corporation Law.) [read post]
4 Mar 2022, 5:01 am by Raquel Leslie, Brian Liu
In 2021, the Economist estimated that the crackdown wiped more than $1 trillion off the collective market capitalization of China’s largest internet groups. [read post]
24 Feb 2022, 1:39 pm
 Full blocking sanctions on Russia’s second largest financial institution, VTB Bank (VTB), including 20 subsidiaries. [read post]
22 Feb 2022, 1:50 am by Kevin Kaufman
Increased geographic mobility combined with the “Great Resignation,”[1] in which millions of workers are pausing to reevaluate their careers, means for many Americans, opportunities are already on the rise. [read post]
20 Feb 2022, 4:38 am
These myths establish the paradigms for behavior.[1]   Abstract What was once understood as a unified field of international law, emerging from the state system and centered on the rationalization of the relations among public authorities has fractured. [read post]
18 Feb 2022, 3:00 am by Jim Sedor
The ability of the committees of dead politicians to continue paying out money highlights how donations from political supporters can find their way to entities, causes, and individuals far removed from the candidate’s election. [read post]
15 Feb 2022, 2:05 pm by Kevin LaCroix
Meanwhile, the SPAC sponsor generally receives a 20 percent ownership stake in the go-forward entity if they succeed in accomplishing a deal. [read post]
15 Feb 2022, 1:55 am by Kevin Kaufman
For example, the top rate kicks in at $1 million or more in California (when the “millionaire’s tax” surcharge is included), as well as in New Jersey, New York, and the District of Columbia. [read post]