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10 Aug 2010, 3:38 am
We view “general corporate” as a ranking of department stores. [read post]
2 Aug 2010, 4:30 am
The general rule is that "a corporation which purchases all the assets of another company does not become liable for the debts and liabilities of its predecessor unless (1) the purchase agreement expressly or impliedly so provides; (2) there was a merger or consolidation of the two firms; (3) the purchaser is a 'mere continuation' of the seller; or (4) the transaction was entered into fraudulently for the purpose of escaping liability. [read post]
2 Jan 2011, 11:09 pm
The reputational intermediary does so by lending or ‘pledging’ its reputational capital to the corporation, thus enabling investors or the market to rely on the corporation’s own disclosures or assurances where they otherwise might not. [read post]
10 Nov 2010, 6:25 pm
Does anyone know where I can find more details on this? [read post]
5 Oct 2016, 3:58 am
A contract provision calling for disputes to be resolved in one country’s court should and does have little to no influence on the law that court will apply to the case. [read post]
3 Jan 2022, 5:49 am
Intro and Market Update Despite the continued fluctuation of COVID-19 cases and emergence of variants, the world does seem to be returning to some semblance of normalcy. [read post]
16 May 2008, 11:43 am
A conspiracy has been afoot to take away rights from the American public and the government does not want you to see them doing it. [read post]
20 Nov 2019, 10:57 am
Nevada taxes wage income at a low rate under the state’s Modified Business Tax but does not tax investment income. [read post]
11 Oct 2020, 3:42 pm
As I have noted in prior posts, one of the follow-on effects of the recent racial justice movement has been increased scrutiny of racial diversity within corporate management, and in particular on corporate boards. [read post]
4 Sep 2012, 3:00 am
" In other words, because the Operating Agreement does not “otherwise provide,” the statutory default rule authorizing member action without a meeting applies, and the plaintiff's expulsion therefore was validly effectuated. [read post]
29 Nov 2009, 5:23 am
New York State Urban Development Corporation d/b/a Empire State Development Corporation, the court found that the ESDC had properly determined that the area at issue met the criteria for being "blighted. [read post]
29 Nov 2009, 5:23 am
New York State Urban Development Corporation d/b/a Empire State Development Corporation, the court found that the ESDC had properly determined that the area at issue met the criteria for being "blighted. [read post]
29 May 2007, 11:36 am
The same holds for pornography; pursuing a healthy sexuality does not mean we have to support toxic pornography. [read post]
7 Jan 2013, 11:23 am
Computerized document review has limits, but so does human review. [read post]
3 Dec 2009, 4:00 am
That would mean the fund would become taxable as a corporation. [read post]
17 Dec 2010, 9:21 am
Such protection does not require the extraterritorial application of the Act. [read post]
3 May 2010, 1:00 am
When structured as a merger of the old corporation into a newly formed corporation (controlled by the majority shareholders) that holds at least 90% of the old corporation's shares, under New York's default statute the transaction does not require a shareholder vote (see Business Corporation Law § 905). [read post]
22 Feb 2012, 12:46 am
This case does underscore the breadth of a corporate official’s indemnification rights under Delaware law in an expansively constructed indemnification agreement. [read post]
8 Apr 2020, 1:55 am
Several smaller countries have lower corporate income tax rates and higher capital allowances, making them more attractive for capital investment. [read post]
4 Oct 2011, 5:03 pm
(This is not surprising, since (i) corporate tax cuts don't create jobs; consumer demand does and (ii) Congress didn't put any real teeth in the job creation end of the legislation, such as demanding that any corporation repatriating cash and expecting the low rate establish that it had created substantial new jobs with the repatriated funds that were not on the planning board at the time repatriation was first introduced or when it was passed and that… [read post]
