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25 Jan 2010, 5:00 am by Beck, et al.
See “Tort Law – Indirect Reliance – New Jersey Supreme Court Rejects Fraud-On-The-Market Theory,” 114 Harv. [read post]
23 Jan 2010, 11:38 am by James Hamilton
However, the line when the company’s reliance became unreasonable is difficult to draw, said the court, and not something to be addressed on a motion to dismissThe court reasonably concluded that the company relied on the disclosures in deciding what to do and what not to do, and that the false disclosures were material to the company. [read post]
7 Jan 2010, 1:31 pm by Ryan Roberts
Each purchaser represents that the purchaser is purchasing for the purchaser’s own account (or a trust account if the purchaser is a trustee) and not with a view to or for sale in connection with any distribution of the security. 4. [read post]
6 Jan 2010, 1:41 am by Kevin LaCroix
  The lawsuit arises out of the failure of Haven Trust Bancorp, whose operating banking subsidiary was taken over by the FDIC on December 12, 2008. [read post]
28 Dec 2009, 6:15 am by Steven Peck
One party, for example a corporate trust company or the trust department of a bank, holds a fiduciary relation or acts in a fiduciary capacity to another, such as one whose funds are entrusted to it for investment. [read post]
22 Dec 2009, 5:26 am by Ray Mullman
  The nursing-home industry, with its heavy reliance on government payouts for profits, is ripe for exploitation. [read post]
28 Nov 2009, 4:23 pm
Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs. [read post]
11 Nov 2009, 10:07 am by James Hamilton
The term asset-backed security does not include a security issued by a finance subsidiary held by the parent company or a company controlled by the parent company, if none of the securities issued by the finance subsidiary are held by an entity that is not controlled by the parent company. . [read post]
17 Oct 2009, 8:51 am by Patrick Hindert
Integrating annuities with settlement trusts - how do integrated products impact traditional structured settlement planning, documentation and education? [read post]
1 Oct 2009, 2:14 am
The removing defendant, a diverse drug company (of course!) [read post]
14 Sep 2009, 2:53 am
"   Judge Swain found further that the plaintiff had not adequately alleged reliance. [read post]
10 Sep 2009, 1:09 am
I agree that for profit companies generate medical advances. [read post]
3 Sep 2009, 5:06 am by R. Grace Rodriguez, Esq.
Existing lawdefines and regulates the activities of exchange facilitators and excepts fromthe definition of exchange facilitator escrow companies, under specifiedcircumstances.This bill would provide escrow transactions that involve money orproperty held or deposited pursuant to specified actions of an exchangefacilitator regarding deposit of funds are not transactions that require alicensee to have membership in the Escrow Agents’ Fidelity Corporation.The people of the State of… [read post]
30 Aug 2009, 10:55 am
Second, the article recommends that the Treasury and the Federal Reserve set up trusts to hold its ownership that create an explicit obligation of those entities to maximize long term shareholder wealth in the invested TARP companies. [read post]
1 Aug 2009, 3:01 pm
Justice Ridgely observed that the "trust fund doctrine", holding that the directors must preserve the assets of an insolvent company, originated in the context of the procedure for a corporate dissolution. [read post]