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4 Nov 2019, 2:41 am by Peter Mahler
The ex-CEO sued in Delaware Chancery Court for contractual indemnification and advancement of his defense costs in the federal court action. [read post]
3 Nov 2019, 6:51 am by Jim Walker
Department of Justice (DOJ) levied record fines totalling $60,000,000 against Carnival Corporation. [read post]
1 Nov 2019, 12:00 pm by William B. Gould IV
That is nearly double what the federal government currently collects in income taxes and even approaches current revenue from all existing federal taxes together, including income, corporate, and payroll. [read post]
1 Nov 2019, 11:14 am by Kevin Kaufman
Warren’s earlier proposals to repeal the Tax Cuts and Jobs Act and Enact “Real Corporate Profits Tax,” which would raise the corporate tax rate to 35 percent and enact a surtax on U.S. corporations equal to 7 percent of the worldwide profits reported on a corporation’s financial statement. [read post]
1 Nov 2019, 9:01 am by Jeffrey Mitchell
The proposed pilot would award an unspecified number of projects across the country funding to defray the broadband costs associated with providing “connected care” to low-income Americans and veterans. [read post]
1 Nov 2019, 3:00 am by Jim Sedor
Corporate Political Transparency: It’s optional Center for Public Integrity – Dave Levinthal | Published: 10/24/2019 The disparity in the disclosure of political donations by corporations, detailed in a new report by the Center for Political Accountability and Zicklin Center for Business Ethics Research at the University of Pennsylvania’s Wharton School, underscores the flaccidity of federal laws and regulations governing what public companies must… [read post]
31 Oct 2019, 5:55 pm by Kevin LaCroix
“The key driver of severity in excess liability claims is the courtroom, where large corporations are often the targets of higher-than-normal awards, in part due to the influence of younger generations on juries who tend to support bigger judgments,” according to Alicja Grzadkowska at Insurance Business magazine[10]   The current low-yield environment has also forced the costs of reinsurance capital to increase. [read post]
31 Oct 2019, 10:34 am by Kevin Kaufman
As of this year, France no longer levies a capital duty on the issuance of shares, a tax that increased the cost of capital. [read post]
30 Oct 2019, 12:18 pm
  That is, if you are successful in your claim for losses against another person, corporation, or insurance company, ODSP will expect reimbursement of the benefits paid to you. [read post]
29 Oct 2019, 1:55 pm
ASF Holland, B.V., a Dutch Corporation, Total Produce, PLC, an Irish Public Limited Company, April 22, 2019, Docket No. 18-11595, Circuit Judge William Pryor, for Publication) [read post]
29 Oct 2019, 1:32 pm by skelly
For instance, both federal and state laws can impose joint and several liability for the cost of remediation on a party that sent waste to a contaminated disposal site. [read post]
29 Oct 2019, 1:30 pm by Andrew Murray
On October 23, 2019, Kentucky’s Attorney General announced that he has secured a $17 million settlement with Bayer Corporation following allegations that the company misled Kentucky citizens about blood clot risks associated with two of its products. [read post]
29 Oct 2019, 10:39 am by Jonathan Bailey
In a bid to save a few thousand dollars, they ended up costing the district $7.8 million. [read post]
29 Oct 2019, 6:20 am
Reuniting ownership and control in corporate America, the leveraged buyout (or the mere threat thereof) undoubtedly helped reform management practices in a broad swath of U.S. companies. [read post]
29 Oct 2019, 6:14 am by Alan Rosca
The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. [read post]
29 Oct 2019, 6:14 am by Alan Rosca
The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. [read post]
28 Oct 2019, 9:01 pm by Tamar Frankel
Professor Tamar Frankel writes and teaches in the areas of fiduciary law, corporate governance, mutual funds and the regulation of the financial system. [read post]