Search for: "Corporate Stock Transfer"
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16 Jul 2013, 12:13 pm
Those of you who recall the tortured history of theChicago Tribune’s ESOP and its role in a complex corporate transaction will recognize this point, and the risks and benefits incumbent in the decision to keep, or not, the stock grants within an ERISA governed plan. [read post]
29 Jan 2008, 2:42 pm
The testator's will poured over the residue of his estate to his lifetime trust which directed the trustee to distribute to named persons certain parcels of real property owned by a corporation of which the testator was sole shareholder. [read post]
22 May 2017, 7:53 am
Accordingly, an asset acquisition generally allows the buyer and seller to select which assets and liabilities will be transferred. [read post]
6 Jul 2020, 9:25 am
Although there can be restrictions (typically set out in the company’s articles of incorporation or bylaws, or a contract among shareholders or between a shareholder and the corporation), stock is generally transferable from one person to another. [read post]
6 Jul 2020, 9:25 am
Although there can be restrictions (typically set out in the company’s articles of incorporation or bylaws, or a contract among shareholders or between a shareholder and the corporation), stock is generally transferable from one person to another. [read post]
1 Mar 2008, 2:45 am
This is essential because stamp duty (for issuance of shares and for transfer of debentures) falls within the domain of the state legislatures in accordance with the Constitution. [read post]
10 Oct 2016, 3:34 am
Hidden in plain view in Section 1104-a (d) of the New York Business Corporation Law, which authorizes an oppressed minority shareholder to petition for judicial dissolution, is a provision empowering the court to adjust stock valuations and to “surcharge” those in control of the corporation for “willful or reckless dissipation or transfer” of corporate assets “without just or adequate… [read post]
15 Sep 2020, 3:03 pm
Taking Stock (in Florida) #1: Although Chapter 607, Florida Statutes, includes all the statutory provisions governing the issuance of corporate stock, there are more than sufficient opportunities for seemingly straight-forward stock issuances to go awry. [read post]
1 Feb 2013, 6:20 am
Once approved, the parties in the transaction will attend the closing at the office of the transfer agent for the cooperative to obtain the stock certificate and proprietary lease evidencing ownership of the unit. [read post]
13 Jan 2009, 2:05 pm
However, federal law (12 USC § 1701j-3(d)) provides a number of exceptions (emphasis added): (d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option… [read post]
3 Jul 2021, 3:31 am
The Fifth Circuit has held that indirect ownership of all of a corporation’s stock, a “number of common officers and directors,” and “substantial control” over an alleged subservient corporation’s “general policy decisions” were insufficient to “establish a prima facie showing of alter ego” because the entities also observed corporate formalities and there was “no more control than appropriate for a… [read post]
2 Apr 2011, 10:03 am
Such options have very strict transfer restrictions. [read post]
11 Dec 2023, 1:18 pm
That means a Virginia corporation, LLC, or LP is a Reporting Company under the CTA, but a Virginia general partnership is not. [read post]
27 Jul 2009, 4:00 am
Miot is the story of one brother, Alvin, who for many years owned and ran a construction and real estate business, and who in March 1985 gifted to his brother, Sanford, a 70% stock interest in a corporation called Madcat Realty Corp. [read post]
20 Mar 2017, 11:44 am
L-1 Intracompany Transfer: This classification is based upon a qualifying corporate relationship between the American employer and the foreign company for which the foreign national worked prior to his or her transfer to the United States. [read post]
23 Oct 2016, 8:31 pm
From the Seller’s Perspective–Most sellers prefer stock deals because the buyer will take with them all of the corporation’s liabilities, assets and everything in between. [read post]
23 Apr 2009, 12:30 pm
The Class F common stock can be converted into Class A at any time at the option of the holder, and will automatically convert if the holder dies or if the Class F common stock is transferred to someone other than another Class F holder or an entity for the benefit of a Class F holder. [read post]
28 Jun 2011, 7:43 am
The company also “…transferred a vehicle valued at $67,500 to [Jerome], for which he paid ordinary income taxes associated with such transfer. [read post]
5 Aug 2007, 1:54 am
As a practical matter, almost all of these provisions will require board approval anyway for good corporate governance. [read post]
28 Nov 2012, 9:20 pm
Such special tax treatment however only applies to consideration made in shares or stock (i.e. share consideration). [read post]
