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The Oral Partnership Operating as a Corporation: Is it a Partnership? A Corporation? Can it be Both?
15 Mar 2021, 4:59 am
In a recent decision from Kings County Commercial Division Justice Leon Ruchelsman, Eikenberry v Lamson, 2021 NY Slip Op 30561(U) [Sup Ct, Kings County Feb. 19, 2021], the Court considered both of these concepts, authoring a scholarly opinion on New York’s legal rules for when an alleged oral partnership can survive the alleged partners’ subsequent decision to operate the business in a different entity form. [read post]
14 Mar 2021, 7:41 pm
” and answered in the negative, noting that Delaware’s statutory indemnification provisions allow corporations to purchase D&O insurance “against any liability,” whether or not the corporation has the power to indemnify against such liability. [read post]
8 Mar 2021, 5:13 am
Quoting Parent v Amity Autoworld, Ltd., 15 Misc 3d 633, 640 [Dist Ct, Suffolk County 2007], Justice Reed held that the “cost of an informal dissolution is that directors cannot shield themselves against corporate creditor liability. [read post]
7 Mar 2021, 12:05 pm
” The corporation’s directors and officers “act on behalf of Dole, whose legal residence is in Delaware. [read post]
5 Mar 2021, 4:10 am
Ct., March 4, 2021), the state of Washington's Supreme Court rejected a facial challenge to an exemption in the state's anti-discrimination law for religious and other non-profit corporations. [read post]
4 Mar 2021, 5:00 am
Athennian says it is the first true cloud platform for enterprise legal entity management, in a market dominated by two legacy products, Diligent and hCue by CT Corporation (which is owned by Wolters Kluwer). [read post]
3 Mar 2021, 11:37 am
That month, the appraisers determined Aggrieved’s interest in the two close corporations to be $560,000. [read post]
2 Mar 2021, 4:17 pm
The document listed Stark’s home address as the business address for the corporation. [read post]
25 Feb 2021, 9:08 am
Ct. [read post]
24 Feb 2021, 2:00 am
Ct. [read post]
23 Feb 2021, 6:58 am
Ct., Cook Cty., complaint filed Oct. 10, 2018), remains pending in an Illinois state court. [read post]
16 Feb 2021, 2:23 pm
Ct. [read post]
16 Feb 2021, 8:17 am
In the aftermath of the Jan. 6 riot at the U.S. [read post]
16 Feb 2021, 7:26 am
EDRM provides an innovative support infrastructure for individuals, law firms, corporations, and government organizations seeking to improve the practice and provision of data and legal discovery with 19 active projects. [read post]
12 Feb 2021, 11:17 am
Yesterday, I did a videoconference with Prof. [read post]
11 Feb 2021, 6:01 am
Ct. [read post]
9 Feb 2021, 2:31 pm
” This bill is cosponsored by Judiciary Subcommittee on Antitrust and Commerce Committee members Richard Blumenthal (D-CT), Cory Booker (D-NJ), Ed Markey (D-MA), and Brian Schatz (D-HI). [read post]
6 Feb 2021, 8:10 am
Ct. [read post]
5 Feb 2021, 8:32 am
January 2021 may well be remembered in the independent contractor area of law as the “not so fast” month. [read post]
4 Feb 2021, 9:12 pm
The law firm has brought Salmonella lawsuits against such companies as Cargill, ConAgra, Peanut Corporation of America, Sheetz, Taco Bell, Subway and Wal-Mart. [read post]
