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12 Mar 2023, 9:26 pm
This post follows up on our previously published post Nonprofit Law 101 for Journalists and is intended to provide additional information to journalists and news organizations about federal tax laws applicable to 501(c)(3) organizations and common state corporate and charitable trust laws applicable to charitable nonprofits. [read post]
10 Mar 2023, 4:45 pm
Each of these steps is separately programmed, and each has a branch that either leads to further questions or back to some termination point saying “no policy in effect. [read post]
9 Mar 2023, 2:16 pm
His previous employers include Newbridge Securities Corporation (CRD#:104065) and National Securities Corporation (CRD#:7569) of Morristown, NJ, and Joseph Gunnar & Co. [read post]
9 Mar 2023, 9:21 am
Investors in all deals are bargaining for greater corporate control: class votes on a broader list of corporate actions, more negative covenants, more board power. [read post]
8 Mar 2023, 9:01 pm
” Third, the revised memorandum extends the cooling-off period for monitors (i.e., the period during which the corporation may not employ or otherwise be affiliated with a monitor) from two years to three years from the date of the termination of the monitorship. [read post]
8 Mar 2023, 7:43 am
A former Seabury executive alleged in various oral and written demands that the company had engaged in serious corporate misconduct, including breach of his employment contract and interference with efforts to perform his duties as CEO. [read post]
8 Mar 2023, 7:43 am
A former Seabury executive alleged in various oral and written demands that the company had engaged in serious corporate misconduct, including breach of his employment contract and interference with efforts to perform his duties as CEO. [read post]
7 Mar 2023, 2:01 pm
Vice Chancellor Laster opened his analysis of the duty of oversight claims by observing that corporate fiduciaries “cannot act loyally” if “they consciously ignore evidence that the corporation is suffering or will suffer harm. [read post]
7 Mar 2023, 1:19 pm
The Court of Chancery recently dismissed claims for breach of fiduciary duty, breach of the duty of oversight, and waste against the board of directors of McDonald’s Corporation. [read post]
7 Mar 2023, 7:32 am
The complaint revolves around two recent corporate governance scandals at McDonald’s. [read post]
6 Mar 2023, 4:07 am
For companies taxed as C corporations — as opposed to S corporations and other pass-through entities taxed as partnerships — because they are paid from after-tax income, declared dividends effectively are subject to double taxation at the company and shareholder levels. [read post]
5 Mar 2023, 1:24 pm
On August 19, 2021, just six days after Peizer adopted his August 10b5-1 plan, Ontrak announced that the customer had terminated the contract, and Ontrak’s stock declined more than 44%. [read post]
5 Mar 2023, 6:30 am
Fairhurst served as head of human resources from 2015 until his for-cause termination in 2019. [read post]
5 Mar 2023, 6:30 am
Fairhurst served as head of human resources from 2015 until his for-cause termination in 2019. [read post]
3 Mar 2023, 9:43 am
Under Dodd-Frank, whistleblowers have protection from all forms of workplace retaliation, including termination, harassment, demotion, or discrimination. [read post]
3 Mar 2023, 4:39 am
“The plaintiffs, Mid City Electrical Corporation (hereinafter Mid City) and its owners, Terric McFarlin and John J. [read post]
3 Mar 2023, 4:21 am
Or should a private corporation remove a grand wizard from its payroll as an act of necessary corporate hygiene? [read post]
3 Mar 2023, 3:15 am
” That path will require quarterly inquiries to corporate officers and directors about those arrangements. [read post]
2 Mar 2023, 5:44 pm
Sample Texas Noncompete Agreement NONCOMPETE AGREEMENT This Noncompete Agreement (the “Agreement”) is made and entered into as of [date], by and between [Company Name], a Texas corporation (the “Company”), and [Employee Name] (“Employee”). [read post]
2 Mar 2023, 5:23 am
Most of the time, whistleblowers are met with marginalization, retaliation, and termination. [read post]
