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11 Oct 2022, 10:54 am
He can be reached at Jnewman@newman&shapiro or at 978-880-4758 The post Millions of corporations must disclose beneficial owners before January 1, 2024 under Treasury’s new rules appeared first on Newman & Shapiro. [read post]
16 Oct 2018, 12:42 pm
Sears Holdings Corporation (Holdings) filed for bankruptcy in the US Bankruptcy Court for the Southern District of New York on Monday, announcing that it intends to remain in business but will close at least 142 stores by the end of the year. [read post]
12 May 2015, 7:54 am
The Rutgers Center for Corporate Governance, University of Washington School of Law, and the Business and Human Rights Journal will hold the first Business and Human Rights Junior Scholars Conference on Sept. 18, 2015 at the Rutgers School of Law in Newark, New Jersey. [read post]
28 Apr 2008, 6:26 pm
Felix Salmon has a great piece in CondeNast portfolio.com about the role of First Data Corporation in precipitating Frontier Airline's bankruptcy. [read post]
10 Jun 2010, 6:05 am
Detroit Diesel Corporation, No. 09-1252 (6th Cir. 2010), the defendant, Detroit Diesel Corporation ("Detroit Diesel"), and the union representing its workers entered into a series of agreements, starting in January 1993 (and outside of the collective bargaining agreements or "CBAs"), purporting to establish caps on Detroit Diesel's contributions to the workers' retiree health care benefits. [read post]
Limited Liability Companies Are like Corporations for Purposes of Determining Citizenship under CAFA
20 May 2014, 3:00 am
Additionally, the District Court stated that diversity jurisdiction under §1332(a)(1) requires complete diversity, such that no defendant holds citizenship in the same state where any plaintiff holds citizenship. [read post]
17 Dec 2010, 9:21 am
On Monday, December 13, 2010, the United States Supreme Court issued a non-decision in the matter of Costco Wholesale Corporation v. [read post]
20 Oct 2015, 8:00 am
NAMA Holdings, LLC v. [read post]
20 Oct 2015, 8:00 am
NAMA Holdings, LLC v. [read post]
1 Mar 2009, 10:00 pm
Thanks to Leon Gettler of SOX First for pointing out the article: Corporate Ethics and Law. [read post]
29 Oct 2009, 6:50 am
First, the statute defines citizenship as being in "the State where [the corporation] has its principal place of business. [read post]
11 Aug 2014, 11:47 am
The court upheld the trial judge's decision to hold the owner liable based on only two of the twelve factors: pervasive control (which, taken alone, would be insufficient) and the absence of corporate records. [read post]
22 Nov 2014, 10:10 am
The Right of First Refusal can be granted to the corporation, the shareholders or both. [read post]
8 May 2017, 5:14 pm
In numerous prior posts on this blog (most recently here), I have noted my concern over the growing tendency of regulators and prosecutors to try to hold corporate officials liable not because they were involved in or even aware of corporate wrongdoing, but simply by reason of their status as company officials. [read post]
11 Jul 2023, 6:45 pm
Note, by the way, that in addition to being doctrinally irrelevant the empirical studies discussed in our book make clear that no one has ever pierced the corporate veil to hold public corporation shareholders liable. [read post]
14 Apr 2010, 8:00 am
While compliance with the scheme is also voluntary, Bovespa’s efforts represent some important first steps in a jurisdiction otherwise devoid of a meaningful approach to corporate governance. [read post]
16 Nov 2020, 6:43 am
According to the Opinion of the Court, Envacon, Inc. and JKKB Holding Corporation are both Canadian entities and Kieran Bozman resides in Canada. [read post]
9 Mar 2015, 3:24 am
” Case precedent holds that “in the usual dissolution proceeding, where the corporation appears as a nominal party and the proceeding amounts to a dispute between the shareholders, corporate funds may not be used in payment of counsel fees for the individual shareholder. [read post]
15 Dec 2011, 2:00 am
First Impressions Can Be Important, But They Might Be Hearsay Corporations Code Section 314 bestows the status of prima facie evidence on minutes certified to be a true copy by a person purporting to be the secretary or an assistant secretary of the corporation. [read post]
6 Mar 2007, 5:10 pm
First Advantage will hold a conference call to discuss this press release in more detail at 10:00 a.m. [read post]
