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5 Jan 2014, 10:01 pm
Then, as now, the most popular brand of stadium hotdogs was Ball Park Franks from Michigan’s Bil Mar Foods, a unit of the Sara Lee Corporation. [read post]
2 Mar 2016, 10:01 am
The post “M&A in a “crowded” market: part II appeared first on Deal Law Wire. [read post]
1 Jun 2018, 9:50 am
This means that members who are not managers do not owe fiduciary duties to the LLC or other members of the corporation. [read post]
1 Apr 2014, 2:58 am
When so, how could it be said that Niko and BP were also operators (See the first and the last lines of the above quote).Merely because UoI consented to the assignment of participating interests by Reliance to BP does not make it a party to the arbitration. [read post]
27 Mar 2018, 6:00 am
Some citizens may resent the idea that the government obtains, holds, and uses their biometric data without their consent. [read post]
19 Dec 2009, 6:15 am
Certain formalities are strongly recommended, including the adoption of bylaws, issuing stock certificates, holding annual meetings of the directors and stockholders, and approval of written resolutions authorizing specific persons to act on behalf of the corporation. [read post]
11 Jun 2018, 4:32 am
In JG Club Holdings, LLC v Jacaranda Holdings, LLC, 35 Misc 3d 1217 [A] [Sup Ct, NY County 2012], Justice Kornreich became the first court in New York to hold that a member of a member of an LLC lacks standing to sue to dissolve the entity. [read post]
9 Dec 2020, 12:02 pm
First, courts began to replace the language of consent and estoppel with that of corporate "presence. [read post]
11 Mar 2013, 2:04 am
My post on the HMS case (read here) provides additional background, including discussion of Hospital Diagnostics in which the First Department dismissed a petition for judicial dissolution of a Delaware corporation under the forum non conveniens doctrine based on the corporation’s lack of substantial contacts with New York. [read post]
29 Nov 2017, 9:32 am
I also urge them to attend college, hold up my diploma from the University of Texas, and let them hold it and tell them they can earn a diploma too. [read post]
2 Jun 2011, 2:00 pm
Iowa Department of Revenue, CCH Business Franchise Guide ¶14,518, is the court’s holding that “a physical presence is not required under the dormant Commerce Clause of the United States Constitution in order for the Iowa legislature to impose an income tax on revenue earned by an out-of-state corporation arising from the use of its intangibles by franchisees located within the State of Iowa. [read post]
4 Jan 2010, 12:23 am
" CORPORATE UPDATE: Intrafamily Corporate Conflicts Under Ethics RulesThursday, December 31, 2009By Barry R. [read post]
6 Oct 2011, 3:19 pm
In a previous installment, I described the first element of the definition; in this installment I will begin to describe the second element, which is that no more than 20% of the fund’s total assets (including committed but not yet invested capital) can be invested in assets that are not “qualifying investments” or “short term holdings. [read post]
30 Nov 2015, 6:15 am
Strengthening traditional criminal intent requirements may frustrate DOJ’s mission to hold individual corporate officers criminally liable. [read post]
20 Jan 2015, 1:36 pm
Greater weight is to be given to the first three factors. [read post]
27 Mar 2007, 1:23 pm
First Interstate Bank, N.A., 511 U.S. 164 (1994), forecloses claims for deceptive conduct under 10(b) of the Securities Exchange Act of 1934. . . ., where Respondents engaged in transactions with a public corporation with no legitimiate business or economic purpose except to inflate artifically the public corporation's financial statements, but where Respondents themsleves made no public statements concerning these transactions.In the case below, In re Charter… [read post]
15 Apr 2011, 7:31 am
[Link] The 3rd Annual Corporate IP Counsel Forum will be held May 24-25 in New York. [read post]
1 Nov 2022, 4:26 am
After he lost, he sued all of the law firms involved in the first case. [read post]
24 Jun 2008, 12:15 pm
We have posted the complaints on the DU Corporate Governance web site. [read post]
10 May 2023, 3:15 am
Further, in light of a recent Delaware holding that corporate officers may be held liable for breach of the duty of oversight, as discussed below (see Chapter XI: “Audit Committee Member Liability Issues”), the board committee tasked with overseeing risk management should take steps to ensure that officers are implementing appropriate corporate controls and addressing issues as necessary. [read post]