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1 Mar 2024, 8:50 am by Kimberly Hegwood
Some benefits of using a corporate trustee like a trust company or law firm include: Specialized Expertise: They focus fully on estate and trust administration. [read post]
1 Mar 2024, 7:46 am by Scott A. Norcross
However, the use of a company aircraft must be allocated between business use and personal use. [read post]
1 Mar 2024, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, March 1, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of February 23-29, 2024 DEI on the Corporate Ballot: Strive’s Predictions for 2024 Posted by Justin Danhof, Strive Asset Management, on Friday, February 23, 2024 Tags: dei, director elections, ESG, Executive Compensation, Proxy season, Proxy voting, Shareholder activism … [read post]
1 Mar 2024, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, March 1, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of February 23-29, 2024 DEI on the Corporate Ballot: Strive’s Predictions for 2024 Posted by Justin Danhof, Strive Asset Management, on Friday, February 23, 2024 Tags: dei, director elections, ESG, Executive Compensation, Proxy season, Proxy voting, Shareholder activism … [read post]
” This tactic is particularly intriguing in companies that promote remote services yet resist remote work for their employees. [read post]
29 Feb 2024, 2:52 pm by Paige Collings
” Both companies have essentially dodged the question. [read post]
29 Feb 2024, 2:29 pm by Keith Szeliga and Emily Theriault
Sixth, the Compensation Cost Principle requires “special consideration” of compensation costs for certain individuals.[25] Such individuals include owners of closely held corporations, members of limited liability companies, partners, sole proprietors, or members of their immediate families, and persons who are contractually committed to acquire a substantial financial interest in the contractor’s business.[26] Compensation for those individuals must be reasonable… [read post]
29 Feb 2024, 12:02 pm by Guest Author
Exercising “Substantial Control” In order to clarify what it means to exercise “substantial control” over an entity, FinCEN identified three indicia of substantial control: (1) service as a senior officer of a reporting company; (2) authority over the appointment or removal of any senior officer or dominant majority of the board of directors (or similar body) of a reporting company; and (3) direction, determination or decision of, or substantial… [read post]
29 Feb 2024, 9:01 am by Seeger Weiss
With the resources and dedication to take on the world’s largest corporations, the firm has an impressive track record of victories against companies like Merck, Monsanto, and 3M—and a reputation for sticking with a case from beginning to end. [read post]
29 Feb 2024, 8:11 am by Dillon Reid
On January 1, 2024, previously enacted federal legislation called the Corporate Transparency Act (the “CTA”) went into effect. [read post]
29 Feb 2024, 7:00 am by Steve Parker
The CTA requires most US companies to submit reports relating to the beneficial ownership of the company. [read post]
29 Feb 2024, 5:00 am by Wachler & Associates, P.C.
In Michigan, with a few specific exceptions, entities that provide medical services generally must be organized as professional corporations (PCs) or professional limited liability companies (PLLCs) and must be owned by licensed professionals. [read post]
28 Feb 2024, 9:05 pm by Darin Detwiler
This trend toward harsher penalties mirrors a broader societal call for corporate accountability, especially concerning public health. [read post]
28 Feb 2024, 11:26 am by Peter S. Lubin and Patrick Austermuehle
Their experience in dealing with closely-held companies and understanding the dynamics of shareholder relationships positions them well to address the unique challenges of corporate oppression cases. 2. [read post]
28 Feb 2024, 6:40 am by Dan Bressler
I think it won’t be long before people say they are complicated and become limited companies. [read post]
28 Feb 2024, 5:14 am by Jean O'Grady
I’ve found that it saves more than 50% of my time,” said Anthony Tommarello, Corporate Associate Attorney at Industrial Service Solutions, a customer with early access to LegalOn Assistant. [read post]
28 Feb 2024, 5:00 am by Bob Ambrogi
In launching this product, MyCase is partnering with the credit card company Visa and with the card-issuing platform Marqeta. [read post]
27 Feb 2024, 12:55 pm by Stephen Honig
Obviously there is a connection between corporate deal cycles and the stock market, and obviously I am not the right person to speculate on those mechanics;  I just was struck by today’s input. [read post]
27 Feb 2024, 9:09 am by Stewart Baker
Michael explains just how much fun Western governments had taking down the infamous Lockbit ransomware service. [read post]