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20 Feb 2019, 2:13 pm by admin
Grove Family, LLC,2 City of Novi v Robert Adell Children’s Funded Trust,3 and Township of Grosse Ile v Grosse Ile Bridge Co.4 Last, the UCPA (the procedural statute applicable to all condemnation actions in Michigan) provides that a condemning agency’s finding of necessity will only be reversed for “abuse of discretion, error of law, or fraud. [read post]
18 Feb 2019, 6:40 pm by Scott McKeown
In Proppant Express Investments, LLC et al v. [read post]
18 Feb 2019, 2:34 pm by Kevin LaCroix
” The order also halted ongoing “pre-ICO” sales by the company, Blockvest LLC and its founder, Reginald Buddy Ringgold, III. [read post]
18 Feb 2019, 11:05 am by ccollins
Aurelius Investment, LLC, (“Aurelius”) a hedge fund with significant investments in Puerto Rico bonds and Assured Guaranty Corporation (“Assured”), a monoline insurer of billions in Puerto Rico debt, filed a constitutional challenge to the Board once it made the decision to file for Title III protection. [read post]
5 Feb 2019, 11:42 am by Silver Law Group
Among other non-traded REITs, the Arete Wealth Management broker recommended the Claimant invest in American Finance Trust, Hospitality Investors Trust, benefit Partners Realty Trust, and FS Energy and Power Fund, according to the FINRA arbitration complaint. [read post]
2 Feb 2019, 7:11 am
“Custody” is defined to include actual custody (i.e., physically holding client funds or securities), as well as constructive custody (i.e., having authority to obtain possession of them, such as having a general power of attorney or serving as the general partner of a pooled investment vehicle client). [2] The definition also provides that an investment adviser has custody if its related person has custody of client funds or securities in connection with… [read post]
2 Feb 2019, 7:11 am
“Custody” is defined to include actual custody (i.e., physically holding client funds or securities), as well as constructive custody (i.e., having authority to obtain possession of them, such as having a general power of attorney or serving as the general partner of a pooled investment vehicle client). [2] The definition also provides that an investment adviser has custody if its related person has custody of client funds or securities in connection with… [read post]
1 Feb 2019, 10:51 am
(Pix © Larry Catá Backer; Tauluseinä Tavelväggen, Wall of Printings (1977); Nörrköping Art Museum Turku Findland))Every year for almost 25 years, the Corporate Practice Commentator (with great thanks to Robert Thompson (Georgetown)) announces the results of its annual poll to select the ten best corporate and securities articles. [read post]
24 Jan 2019, 2:36 pm by Kevin LaCroix
John Reed Stark Among the agencies largely closed by the current partial U.S. federal government shutdown is the U.S. [read post]
20 Jan 2019, 11:43 pm
Instead, antecedent statutory provisions limit the scope of a court’s §§3 and 4 powers to stay litigation and compel arbitration “accord[ing to] the terms” of the parties’ agreement. [read post]
17 Jan 2019, 9:01 pm by Jim Sedor
Critics say they also allow politicians to evade campaign contribution limits and obscure donations from corporations and other powerful groups. [read post]
Moving to the substantive claims, the court first rejected Petitioner’s claim that the plant was not eligible for the existing facilities exemption due to the inherent risks associated with a nuclear power plant. [read post]
10 Jan 2019, 5:52 am
Now, with investment assets growing and with investors across the globe pressing companies and boards to promote long-term strategic policies focused on benefitting the environment, society and governance, heads of governance such as Anderson are in an increasingly important and powerful position. [read post]
24 Dec 2018, 4:37 am by Franklin C. McRoberts
In Roni, the LLC investors filed suit against several real estate developers who solicited them to invest in a series of LLCs, claiming fraud and breach of fiduciary duty based on the defendants’ alleged nondisclosure, before the LLCs’ formation, that the defendants would receive millions of dollars in “commissions” from the property sellers and mortgage brokers. [read post]
17 Dec 2018, 3:14 pm by Kevin LaCroix
What makes Section 17(b) such a powerful statutory weapon 17(b) is that Section 17(b) is a  strict liability statute. [read post]
The SEC will continue to use its investigation and enforcement powers to prevent fraud; in a recent example, it charged a former Bitcoin-denominated platform and its operator with fraud. [read post]