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20 Jul 2014, 5:23 am
The court held that the status of a non-shareholder does not preclude piercing the corporate veil because equitable ownership may satisfy the unity-of-interest-and-ownership prong. [read post]
10 Jul 2014, 5:00 am
There, the Court had this to say about for profit companies: While it is certainly true that a central objective of forprofit corporations is to make money, modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so. [read post]
10 Jul 2014, 5:00 am
There, the Court had this to say about for-profit companies: While it is certainly true that a central objective of forprofit corporations is to make money, modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so. [read post]
18 Aug 2009, 11:45 am
Corporate Secretaries Society Opposes Proposed SEC Shareholder Access Rule 14a-11; Suggests Opt Out AlternativeThe Society of Corporate Secretaries and Governance Professionals does not support the adoption of the SEC's proposed shareholder access rule as currently proposed. [read post]
29 Nov 2016, 6:16 am
This is the case even if the law of the contract is the law of a country which does not recognize such rights, as in the U.S.; see for instance Paris Court of appeals, February 1, 1989, (D. 1990. 52). [read post]
5 Jun 2022, 9:05 pm
For the most part, however, corporate law does not itself set or dictate the purposes or objectives of a corporation: It empowers individuals to invent, shape, and use the legal form of the corporation for their own stated business-related ends. [read post]
29 Apr 2024, 11:01 am
This development raises serious questions about data privacy, evidence preservation, and the ethical responsibilities of corporate leaders. [read post]
15 Jan 2024, 6:30 am
Bebchuk and Roberto Tallarita; Does Enlightened Shareholder Value add Value? [read post]
15 Jan 2024, 6:30 am
Bebchuk and Roberto Tallarita; Does Enlightened Shareholder Value add Value? [read post]
4 Dec 2008, 5:15 pm
Jon Macey, Deputy Dean and Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale, has recenlty published a book titled Corporate Governance, Promises Kept, Promises Broken. [read post]
11 Dec 2014, 3:03 pm
Department of Energy (DOE) for authorization to export up to 503 Bcf/year of natural gas over a 25-year period by pipeline to Canada. [read post]
15 Jun 2012, 5:34 am
WELL, NO, IT DOESN’T: Tim Carney: Libertarian does not mean ‘pro-corporate.’ So, why is Lambert confused? [read post]
17 Jan 2017, 4:00 am
This is particularly important to understand when discussing a limited liability company, LLC, because the IRS does not recognize a separate tax category for an LLC. [read post]
9 Sep 2016, 8:54 am
His conclusion at the start of the era of accelerating globalization was that veil piercing, the disregard of corporate autonomy, occurred only in close corporations and within corporate groups, but not in public corporations. [read post]
14 Oct 2012, 7:12 am
Ignoring the distinction between a corporate entity and its owners does nothing to promote the just administration of the immigration laws, h [read post]
9 Apr 2014, 6:46 am
” ____________________ DISCLAIMER: The foregoing is not intended as legal advice and does not establish a solicitor-client relationship. [read post]
19 May 2020, 3:27 pm
Section 181.0722 does not contain any such language allowing the alteration of the default rule permitting the shareholders to vote by proxy. [read post]
28 Jan 2019, 2:38 pm
Unfortunately, that’s not what HB 220 does. [read post]
13 Feb 2023, 9:01 pm
Why, more generally, does big business promote social justice? [read post]
13 Jan 2021, 11:59 am
At the federal level and in most states, the income of these pass-through businesses is only subject to individual income tax, and thus does not face corporate taxes.[4] In other words, pass-through business earnings are “passed through” to their owners, who pay ordinary individual income tax on them. [read post]
