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25 Oct 2007, 3:40 pm
Accordingly, we hold that individual creditors of an insolvent corporation have no right to assert direct claims for breach of fiduciary duty against corporate directors.[5]Instead of a direct cause of action, the Court noted that, unlike stockholders who rely on directors to protect their interests, "creditors are afforded protection through contractual agreements, fraud and fraudulent conveyance law, implied covenants of good faith and fair… [read post]
18 Aug 2008, 5:41 pm
In fact, they both have the same mix of clients -- some blockbusters, some low-profile repeat customers, some one-time-only (e.g., Walgreen's for Wachtell) -- rolling through like the rest of us. [read post]
7 Sep 2010, 4:32 pm
If all of the members of the partnership are corporations, the the fiscal year end can be anywhere, so long as the fiscal period does not exceed 53 weeks: s. 249.1(1)(a). [read post]
3 May 2022, 8:31 am
From 2017 through 2019, the percentage of black head coaches in the NFL fell from approximately 22% to about 9% of the NFL’s head coach population. [read post]
2 Apr 2013, 6:58 am
To read the tentative settlement in full, visit Memorandum of Understanding <http://www.sec.gov/Archives/edgar/data/1397403/000114420412006002/v301296_ex99-1.htm>. [read post]
5 Feb 2016, 6:24 am
Also left out were an unknown number of messages the public sent to the governor’s office about Flint through the state website and his staff’s responses. [read post]
26 Nov 2007, 5:15 am
They in turn place the shares with the Depository Trust Corporation, or DTC. [read post]
17 Aug 2011, 6:09 am
SBC is now seeking to cover its multi million pound Icelandic losses through the Scottish Government’s dodgy “consent to borrow scheme”, branded a ‘Council Tax freeze buy off’ by local Government experts. [read post]
10 Jun 2008, 3:28 pm
None of these catalogues have been released. 5. [read post]
5 Aug 2016, 3:42 pm
Of those ill people, 24 were infected with Salmonella Reading, 1 was infected with Salmonella Abony, and 5 were infected with both. [read post]
24 Jan 2017, 9:41 am
I might also mention here - indeed I evidently am mentioning here - that next year and presumably thereafter I will be co-teaching the colloquium with Lily.Here are 5 thoughts that I had in relation to the paper, although I was not this week's lead discussant:1) The paper rightly uses a budget-neutral framework for assessing alternatives. [read post]
19 Nov 2008, 7:15 pm
Weyand, 5 Cal.App.2d 259, 260, 42 P.2d 381. (1935). [read post]
28 Jun 2007, 4:45 am
ET AL, 5:07-CV-00258 MICROSOFT CORPORATION v. [read post]
11 May 2010, 5:20 am
One limitation of relying on bans imposed (or at least recommended) through shareholder resolution is that it might not be possible or feasible to capture smaller and/or privately held corporations. [read post]
3 Aug 2016, 11:51 am
A C corporation is taxed as a separate legal entity (i.e., no "pass-through" taxation like a partnership). [read post]
3 Aug 2016, 11:52 am
A C corporation is taxed as a separate legal entity (i.e., no "pass-through" taxation like a partnership). [read post]
20 Sep 2021, 2:43 pm
Uruguay (GII rank: 65)The top 5 GII 2021 regional innovation leaders for Europe (EUR) are:1. [read post]
6 Feb 2012, 4:05 am
Kos 1 Ltd, heard 12 – 15 January 2012. [read post]
24 Jan 2012, 10:13 am
Here’s how: 1. [read post]
4 Jan 2023, 7:37 am
Code Sec. 12599.9(a)(1) Article 1. [read post]