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2 Apr 2024, 9:01 pm
Feb. 23, 2024), to provide that a corporation may enter into governance agreements with stockholders and beneficial owners where the corporation agrees, among other things, to restrict itself from taking action under circumstances specified in the contract, to require contractually specified approvals before taking corporation action, and to covenant that it or one or more persons or bodies (which persons or bodies may include the board or one or more… [read post]
29 Jan 2013, 5:28 pm
In June 2012, an Orleans Parish judge ruled that SMG, a for-profit corporation, does not operate as an extension of the state and therefore is not protected by the liability limitation meant for public agencies. [read post]
2 Jul 2007, 5:50 am
Drury could easily situate his article within this body of scholarship. [read post]
13 Feb 2023, 9:01 pm
No: Ramaswamy does offer one hopeful idea for binding the body politic together when woke values operate to compromise our [read post]
6 May 2012, 6:52 pm
As a practical matter, now that we’ve put the old ultra vires doctrine to bed, when does corporate purpose ever arise as a matter of law? [read post]
14 Oct 2010, 9:08 am
It does make something of a mockery of the 2008 Act and the work that preceeded it. [read post]
6 Jul 2023, 10:17 am
It is not the excellence of body that makes the soul good, as Socrates insists in opposition to a much quoted piece of athletic wisdom, but the good soul will by its virtue make the body the best possible. [read post]
29 Oct 2008, 4:00 pm
What sort of picture does this provide? [read post]
2 Dec 2010, 10:24 am
Hence, the board of directors is not a mere agent of the shareholders, but rather is a sui generis body - a sort of Platonic guardian - serving as the nexus for the various contracts making up the corporation. [read post]
16 Jun 2023, 12:42 pm
At a time when there is pressure to control large companies, at a time when efforts are being made to protect information of individuals, at a time where many in our body politic on both side of the aisle are fearful of government restricting personal liberties, does this regime make sense? [read post]
24 Mar 2013, 10:23 am
Given the Court's reference to First Amendment doctrine as a guide to the Second Amendment, and given that the Court ascribes similar functions to the two Amendments, it is logical that the First Amendment rights of corporations may influence the Court's approach to the Second Amendment rights of corporations in a future case.Miller does not appear sympathetic to the idea of a corporate right to bear arms, but acknowledges how it would fit within current… [read post]
13 Mar 2023, 4:33 am
With share ownership comes the protections specifically enumerated in the Business Corporation Law and a rich body of caselaw concerning shareholders’ rights and the need for courts to protect shareholders from majority overreach. [read post]
14 Aug 2018, 5:50 am
However, a growing body of economic literature indicates that the true burden of the corporate income is split between workers through lower wages and owners of the corporation.[3] As capital moves away in response to high statutory corporate income tax rates, productivity and wages for the relatively immobile workers fall. [read post]
10 Apr 2015, 3:05 pm
Why does this matter? [read post]
10 Feb 2020, 6:18 am
Alongside of the ever-evolving body of Delaware law, the Delaware judiciary has also continued to undergo transformation. [read post]
6 Jan 2010, 8:22 am
A new Company may have to conduct a statutory meeting and every company may have conduct Board Meetings, Annual General Body Meeting and Extraordinary General Body Meeting. [read post]
11 Apr 2018, 12:27 pm
Tax Impact Benefit corporation status does not affect a company’s tax status. [read post]
28 Jan 2021, 6:09 pm
The per se damages rule does not apply to the latter. [read post]
4 Apr 2017, 4:00 am
The Commissioner then observed that a trustees of a public library, as the trustees of an education corporation, may be removed for misconduct or neglect of duty by the Board of Regents pursuant to Education Law §226(4). [read post]
Guest Post: The Economic Crime and Corporate Transparency Act 2023: A Questionable Christmas Present
29 Jan 2024, 9:03 am
What does this mean in practice for companies and senior managers? [read post]
