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19 May 2022, 11:56 am by Erik W. Weibust
The bill permits reasonable confidentiality provisions so long as they do not prohibit the disclosure of (a) information arising from the worker’s general training, knowledge, skill, or experience; (b) information that is readily ascertainable by the public; or (c) information that the worker otherwise has a legal right to disclose. [read post]
17 May 2022, 6:04 am by Michael Geist
The standard includes assessments on whether the agreement provides fair compensation, allocates an appropriate portion of compensation to news content, doesn’t allow corporate influence to undermine freedom of expression, contributes to the sustainability of the Canadian news marketplace, ensure benefits for independent local news businesses, and involves a wide range of news outlets (Section 11(1)(b)). [read post]
16 May 2022, 3:18 am by Peter Mahler
  The article argued that the contemporaneous ownership rule in shareholder derivative actions, embodied in DGCL Section 327 (“In any derivative suit instituted by a stockholder of a corporation, it shall be averred in the complaint that the plaintiff was a stockholder of the corporation at the time of the transaction of which such stockholder complains or that such stockholder’s stock thereafter devolved upon such stockholder by operation of law”) and… [read post]
14 May 2022, 9:57 am by Gene Takagi
  For-Profit Social Enterprise A nonprofit entity with 501(c)(3) status may be subject to more limitations than would be considered ideal for advancing certain charitable or socially purposed ventures. [read post]
10 May 2022, 8:27 am by John Jascob
By Jay Fishman, J.D.The SEC Small Business Capital Formation Advisory Committee held a virtual meeting on Friday May 6, 2022, inviting three guests to speak about the potential effects of the Commission’s March 21 2022 proposed climate-related disclosure rule amendments on small businesses.While the proposal remains out for public comment: (1) Chair Gary Gensler made opening remarks; (2) Commissioner Hester Peirce made subsequent remarks; (3) Corporation Finance as Deputy Director for… [read post]
5 May 2022, 9:01 pm by Kate Waldock
§§ 1102(b)(3), 1103(c). [15] See Matt Porcelli, Bankrupting the Inside Job: Alternatives to the Washington Mutual Approach to Policing Creditor Committee Insider Trading, 9 N.Y.U. [read post]
5 May 2022, 5:58 am by John Jascob
By John Filar AtwoodThe Division of Corporation Finance has issued a sample comment letter to help companies determine what kinds of issues they may need to discuss in their disclosure about the impact of Russia’s invasion of Ukraine. [read post]
5 May 2022, 5:51 am by Russell Knight
Evid. 801(c) Someone else, a bank or an accountant, prepared the bank statement and the tax returns. [read post]
  In particular, the general counsel and the board secretary ought to undertake, in partnership with the chief compliance officer, a key role in aligning corporate governance to the sustainable paradigm, including (a) ensuring that relevant stakeholders engaged in a healthy dialogue[15], (b) guiding the board of directors to effectively govern strategic ESG considerations, enabling informed decision-making, (c) advising the board to navigate fiduciary duties in respec [read post]
Introduction When someone dies with a will, a surviving family member or other person close to the decedent must ensure that the decedent’s wishes specified in the will are followed. [read post]
2 May 2022, 1:00 am by David Pocklington
In his determination, the Deputy Chancellor identified three factors that must be specifically considered in this case: (a) the difficulties presently encountered by the Petitioner in visiting her late husband’s grave; (b) whether it is safe for her to do so; and (c) the length of time for which it is currently anticipated those matters will continue to present the Petitioner with problems. [read post]
1 May 2022, 6:57 am by Dan Currell
  Most corporate suppliers are very eager for new business and happy to negotiate the terms on which their services are provided. [read post]
27 Apr 2022, 9:28 am by Dan Harris
  Losses to creditors due to diversion of funds/assets to the director. b. [read post]
27 Apr 2022, 7:28 am by Leah Samuel
§ 46(g), which provides that the FTC may “[f]rom time to time … classify corporations and … make rules and regulations for the purpose of carrying out the provisions of sections 41 to 46 and 47 to 58 of this title. [read post]
26 Apr 2022, 8:14 am by IncNow
MORE: The Types of Delaware Corporations What Is a B-Corp? [read post]