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15 May 2024, 9:01 pm by renholding
Audit firms are private businesses with the same legitimate interest in making a profit that all private businesses have.[1] But audit firms have also been entrusted to be essential gatekeepers in maintaining the integrity of our capital markets. [read post]
15 May 2024, 1:19 pm by Stewart Baker
Atonio, 490 U.S. 642, 652-53 (1989), quoting Albemarle Paper Co. v. [read post]
13 May 2024, 4:50 am by Franklin C. McRoberts
Thus, in Auerbach v Bennett (47 NY2d 619 [1979]), New York’s highest court held that courts have the power in shareholder derivative litigation to grant unnamed interested shareholders leave to intervene – even for the first time on appeal. [read post]
12 May 2024, 9:01 pm by renholding
., “state-authorized or state-chartered financial institutions”[3]—which, based on a plain reading of the Financial Institutions Codes, include Florida state-chartered banks, trust companies and credit unions, as well as Florida state-licensed branches, agencies, administrative offices, and representative offices of non-U.S. banks;[4] consumer finance lenders licensed under Chapter 516 of the Florida Statutes; and money services businesses licensed under Chapter 560 of the… [read post]