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2 Apr 2024, 9:38 am by Evangelina Cantu
For instance, if the SLAT owns interests in an S-Corporation, distributions received by the SLAT to cover income tax liability (or income from transferred assets) can be used to make payments to the grantor under the promissory note. [read post]
28 Mar 2024, 9:01 pm by renholding
The Proposed Rule would require that each RIA’s and ERA’s anti-money laundering program be approved in writing by its board of directors or trustees (or, alternatively, by its sole proprietor, general partner, trustee, or other persons that have functions like a board of directors). [read post]
28 Mar 2024, 3:30 am by David Lynn
After having admired Roberta from afar for many years, I was incredibly fortunate to have the opportunity to work with her as a trustee of the SEC Historical Society, where we all benefited from her keen insights and her far-reaching knowledge and wisdom. [read post]
22 Mar 2024, 6:31 am
Bebchuk and Roberto Tallarita; Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee (discussed on the Forum here) by Max M. [read post]
22 Mar 2024, 6:31 am
Bebchuk and Roberto Tallarita; Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee (discussed on the Forum here) by Max M. [read post]
19 Mar 2024, 8:42 pm by Adam Levitin
Bankruptcy law defines “person” as including a “corporation. [read post]
18 Mar 2024, 5:23 pm by Karina Lytvynska
Under this chapter, a trustee is appointed to liquidate the debtor’s non-exempt assets and distribute the proceeds to creditors, effectively discharging the debtor from most debts. [read post]
13 Mar 2024, 9:05 pm by renholding
The chapter then considers how, concurrent with the enactment of enabling statutes by legislatures, courts of equity imposed fiduciary duties on directors, analogizing them to trustees of cestui que trusts. [read post]
13 Mar 2024, 5:34 pm by INFORRM
A statistical analysis of the civil High Court judgments published in 2023 showed that, out of 116 cases where one or more parties had been anonymised, 67 (or nearly 60%) did not have a corresponding anonymisation order published on the Judiciary website. [read post]
13 Mar 2024, 12:15 am
  The case involved an action by the bankruptcy trustee of a Colorado corporation against its erstwhile chief executive officer for, among other things, breach of fiduciary duty. [read post]
12 Mar 2024, 7:55 am by Evan George
  The State shall serve as trustee of these resources and shall conserve and maintain them for the benefit of all people. [read post]
8 Mar 2024, 9:04 am by Cathy Moran
The state-by-state figures for median income by household size are found on the website of the United States Trustee. [read post]
7 Mar 2024, 4:00 am by Joseph M. Armstrong, Esq.
When in doubt, select a corporate fiduciary with a long history of serving as a trustee for multiple generations of families of substantial wealth. [read post]
3 Mar 2024, 2:08 am by Cari Rincker
Corporation: After transferring the corporate stock to the trust, the trustee, as the owner, will be entitled to vote that stock according to the terms and conditions of the corporation’s governing documents. [read post]
1 Mar 2024, 8:45 am by Mills & Mills LLP
Corporations owning property for the benefit of an individual (resulting in the need for the corporation to file both a T2 Corporate Tax Return and a T3 Trust Tax Return). [read post]
29 Feb 2024, 12:15 am
Delaware's "deemed consent" statute generally extends to directors applies to nonresident officers and  nonresident directors, trustees and members of the the governing body of Delaware corporations. [read post]
28 Feb 2024, 7:48 am by John Coyle
” They argued that the word encompassed only the usual corporate formalities for issuing a security. [read post]
27 Feb 2024, 4:30 pm by Kyle Krull
With an irrevocable trust, a separate individual or corporation must serve as the trustee. [read post]
27 Feb 2024, 4:30 pm by Kyle Krull
With an irrevocable trust, a separate individual or corporation must serve as the trustee. [read post]