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23 Mar 2009, 4:49 am
" In a separate development, the UK Government was reported to be planning a £60m bailout of Dunfermline Building Society, one of Scotland's oldest, amid fears it is poised to reveal huge losses, RBS, which in January posted a £24bn loss for 2008, the biggest in UK corporate history, faces another £500m loss through exposure to Cattles, the troubled loans firm. [read post]
11 Dec 2009, 10:58 am
One thing that the financial crisis has suggested, however, is that banks will go to great lengths to avoid limitations on compensation, a trend that reached its amazing culmination when Bank of America, far from being awash in liquidity, paid back Treasury its $45 billion extremely quickly. [read post]
8 Mar 2010, 1:32 am by Kevin LaCroix
Indeed, the notion that penalties paid out of the assets of one corporation will deter future misconduct by another corporation seems both abstract and unpersuasive. [read post]
8 Jul 2010, 7:22 am by Frank Pasquale
(Review of Ian Bremmer, The End of the Free Market: Who Wins the War Between States and Corporations? [read post]
18 Jun 2018, 2:02 pm by Paul Rugani
The complaint asserts two claims for declaratory judgments, two claims for breach of contract, and one claim for breach of fiduciary duty. [read post]
19 Aug 2011, 7:54 am by Bonnie Harris
The Superintendent of Banking is given the authority to approve a loan limit of up to 50% of aggregate capital if all the loans to any one borrower with a borrowing group otherwise meet the requirements of the 25% and 35% loan limit provisions, and the financial strength of any one group member is not relied upon as a basis for loans to any other group member. [read post]
16 Dec 2010, 7:53 am by admin
  They generally deal with things like director and shareholder meetings (notice, quorum, split votes, electronic vs. in person, proxies, minutes, etc.), banking requirements (e.g. one director can open up a Canadian bank account on behalf of the corporation and sign cheques, etc.), and the roles and responsibilities of officers (e.g. president, vice-president, secretary, treasurer, etc.). [read post]
20 Jun 2014, 5:00 am by Jenna Brunett
  For her services she received an annual cash retainer of £75,000, which is reported above based on an exchange rate of 0.61 pounds to one U.S. dollar. [read post]
9 May 2016, 11:03 am by Elizabeth J. Elias
On May 3, 2016, the Federal Deposit Insurance Corporation, the Federal Reserve and the Office of the Comptroller of the Currency proposed a rule, the net stable funding ratio (the “NSFR”), to strengthen banks by requiring them to maintain a minimum level of stable funding relative to the liquidity of their assets, derivatives and commitments over a one-year period. [read post]
20 Aug 2012, 5:41 am by Brandon Kain
(para. 48)  Instead, Lloyd L.J. accepted that “there is one (and apparently only one) special case justifying a court in looking behind a company’s corporate fa? [read post]
16 Jul 2008, 5:51 pm
What about accounts in the name of trusts, since trusts generally have more than one beneficiary? [read post]
19 Aug 2015, 1:38 pm by Charles Moses
In other words, the filing deadline for C corporations will be deferred for one month. [read post]
21 Nov 2016, 5:01 am by James Edward Maule
The issue is one that can be stated simply: Is Moneygram International a bank? [read post]
19 Jul 2012, 10:20 am by Frank Pasquale
As one straphanger put it, “They can call it anything they want, as long as my train’s on time. [read post]
30 Sep 2019, 9:05 am by Bridget Crawford
(directors’ duty to maximize share price in corporate takeover) Fiduciary Duties in Corporate Governance Meinhard v. [read post]
24 Feb 2010, 1:34 pm by Shari Shapiro
But, one step at a time was our way of approaching this. [read post]
24 Feb 2010, 1:34 pm by Shari Shapiro
But, one step at a time was our way of approaching this. [read post]