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28 Jan 2014, 12:00 am by My name
  The fact that many partnerships tend to have no real effect does not lessen the impact of those that do. [read post]
25 Apr 2013, 9:50 am
§ 1350 (“ATS”), for violations of international law does not extend to corporations because corporate liability is not yet considered a norm of customary international law. [read post]
12 Apr 2024, 12:15 am
Most notably, California does not set time limits on suits brought against a dissolved corporation, instead expressly considering remaining corporate assets. [read post]
9 Jul 2018, 7:01 am by Jay R. McDaniel, Esq.
Statutory or Common Law Deadlock Delaware law, which offers a somewhat different model, provides for the appointment or a custodian or receiver, but does not expressly authorize a court to order dissolution of the company. [read post]
20 May 2009, 5:28 pm
  But they address subjects (as number 5 does) within or close to traditional federal securities regulation. [read post]
24 Feb 2011, 2:00 am by Keith Paul Bishop
California’s current statute does not rely on the archaic concept of “surplus” still used by Delaware (See DGCL §§ 154 & 170). [read post]
25 Jun 2012, 12:33 pm by Richard J. Webb
But more fundamentally, those who run corporations and manage their legal disputes need to be better "sold" on the value of ADR  -  a notion that does not fit neatly within the customs, habits and organizational structures of the law firms these same corporate leaders have come to trust and depend upon. [read post]
5 Apr 2017, 6:28 am by Karel Frielink
Why is good corporate governance necessary? [read post]
21 Apr 2021, 6:21 am
How does an economy with corporate equity in the trillions of dollars cede so much governance power to corporate gadflies? [read post]
15 Mar 2021, 4:59 am by Franklin C. McRoberts
Where the parties intend to reserve rights under the partnership or joint venture agreement, and such a reservation of rights does not interfere in any way with the management of the corporation or the rights of third parties, the joint venture agreement may be enforced. [read post]
1 Mar 2011, 11:51 am
AT&T [Cornell LII backgrounder] that the 7(C) "personal privacy" exemption [DOJ backgrounder, PDF] to a Freedom of Information Act (FOIA) [text] request does not apply to corporations. [read post]
19 Dec 2012, 4:10 am by Howard Friedman
For instance, the complaint does not identify whether the Schwartzbergs are the sole shareholders or majority shareholders of Corporate Plaintiffs.Future of Capitalism reports on the decision. [read post]
10 Dec 2018, 3:21 pm by Richard Burt
If the FTB does not receive the corporation’s written objection to the administrative dissolution during the 60-day period, the corporation will be administratively dissolved. [read post]
Hollander, the Delaware Court of Chancery held that a fee-shifting bylaw did not apply to a former stockholder’s challenge to the fairness of a 10,000-to-1 reverse stock split that the corporation undertook in connection with a going-private transaction because (i) the bylaw was adopted after the stockholder’s interest in the corporation ceased to exist due to the reverse stock split and (ii) Delaware law does not authorize a bylaw that regulates the rights or… [read post]
12 Apr 2023, 12:15 am
   In general, corporate law does not allow corporations to violate laws. [read post]
24 Sep 2014, 3:40 am by Broc Romanek
Internal Revenue Service issued the “check-the-box” Treasury Regulations, providing that (1) entities formed as corporations (and a long list of corresponding non-U.S. entities) would be taxed as corporations (other than certain exceptions such as REITs or S corporations), and (2) other forms of business entities would default to a non-corporate status but could elect to be taxed as a corporation. [read post]