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22 Jun 2010, 8:06 am by Thomas Kerner
., Business Ct.), 2006 WL 46447078, 2009 NCBC 26, Judge Jolly was ruling on motions to stay, dismiss, and appoint a receiver.In the course of issuing his ruling, the Judge opined, for what appears to be the first time in North Carolina, that, just as directors of a corporation are, the managers of an LLC are protected by the business judgment rule. [read post]
2 Apr 2019, 3:03 pm by Francis Pileggi
Ct., Jan 23, 2019), adds clarity to the case law interpreting Section 144 of the Delaware General Corporation Law (“DGCL”), 8 Del C. [read post]
1 Mar 2012, 12:59 pm by Paralegal Mentor
More information about CT Corporation is available here. [read post]
1 Aug 2017, 12:45 pm
The fact that the Maryland court had previously dismissed an earlier related action did not create “unusual and compelling circumstances” that would justify an exception to the principle that a court should not entertain a declaratory judgment action when there is a pending lawsuit in another state involving the same issues.Facts: Volkman was subject to two agreements with Hanover, a Maryland corporation [or related companies], an employment agreement dated January 1, 1993,… [read post]
9 May 2014, 8:56 am by Howard Friedman
Ct., May 5, 2014), the court held that the purported transfer of property to the Anglican Diocese Holding Corporation, affiliated with the Province of the Southern Cone instead of TEC, was invalid because the transfers were made by Bishop John David Schofield after he was removed as an Episcopal bishop by TEC. [read post]
20 Jun 2019, 4:00 am by Howard Friedman
Scientology and its leaders use religious rhetoric to lure trusting and unsuspecting individuals seeking to better themselves into its corporations. [read post]
22 Jun 2018, 7:24 am by Docket Navigator
Ct. 1514 (2017)] decision, [defendants] were actively litigating this case in this District. . . . [read post]
3 May 2013, 2:49 pm by Howard Friedman
Ct., May 1, 2013), a California trial court gave another win to The Episcopal Church in the long-running controversy over ownership of property of the break-away St. [read post]