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Since taking over the enforcement helm, Director Grewal has made a conscious effort to make sure penalties are having the intended deterrent effect to shape corporate conduct and restore faith in the system. [read post]
10 Apr 2024, 9:01 pm by renholding
Instead, virtually all U.S. banks were chartered as banking corporations from the dawn of the Republic. [read post]
9 Apr 2024, 9:05 pm by renholding
It also can shift financing away from regulated banks to unregulated funding sources. [read post]
9 Apr 2024, 12:06 am by Josh Richman
  Building corporate structures that do a better job of balancing the public good with private profits. [read post]
8 Apr 2024, 10:00 pm by Sherica Celine
Agencies issue final rules that significantly shorten the window for short term, limited-duration health insurance (STLDI) coverage to three months to be recognized as an “excepted benefit” for Affordable Care Act rules. 89 Fed. [read post]
These individuals could also benefit from programs designed to help them address skills gaps resulting from years spent behind bars and out of the corporate or educational arenas, for example. [read post]
These individuals could also benefit from programs designed to help them address skills gaps resulting from years spent behind bars and out of the corporate or educational arenas, for example. [read post]
5 Apr 2024, 1:06 pm by Dave Wieneke
The Blues Brothers explain SPACs Special Purpose Acquisition Corporations (SPACs) are a way for investors to enter the market with management and funding to acquire assets and establish an ongoing business. [read post]
5 Apr 2024, 6:00 am by Jim Sedor
How Corporate PAC Money Could End Up in the Personal Coffers of Sens. [read post]
3 Apr 2024, 9:03 pm by renholding
A fund sponsor might receive dozens of comments on a filing for a fund when the only distinction from an existing fund is the asset class in which it invests. [read post]
2 Apr 2024, 9:05 pm by renholding
 In an earlier article, we defended mass-tort bankruptcies as providing a process that can offer significant economic benefits to both plaintiffs and corporate defendants. [read post]
2 Apr 2024, 9:01 pm by renholding
  If enacted, the 2024 amendments will, among other things, make the following changes: Section 122, which enumerates express powers that a corporation may exercise, is being amended in response to the Delaware Court of Chancery’s opinion in West Palm Beach Firefighters’ Pension Fund v. [read post]
2 Apr 2024, 9:38 am by Evangelina Cantu
This underscores the importance of careful consideration and planning before funding the trust. [read post]
2 Apr 2024, 4:10 am by Howard Friedman
Defendants solicited donations from the public promising that “no part of the income or assets of this corporation shall ever inure to the benefit of any director, officer, or member thereof or to the benefit of any private person. [read post]
1 Apr 2024, 11:41 am by Marie Nganele
An impression of the corporate seal of the community association, if any. [read post]
1 Apr 2024, 4:35 am by Franklin C. McRoberts
In her fee decision, Justice Schecter held that plaintiffs individually were entitled to an award of fees under BCL § 626 (e) “because they created a substantial corporate benefit by securing a judgment in excess of $5 million. [read post]
31 Mar 2024, 9:05 pm by renholding
However, the presence of idiosyncratic private benefits of control (PBC) rules out excessive wedges. [read post]
31 Mar 2024, 9:01 pm by renholding
Then, on March 21, 2024, the Federal Deposit Insurance Corporation (FDIC) published a Proposed Statement of Policy on Bank Merger Transactions(FDIC SOP) that similarly summarizes the principles the FDIC considers when evaluating whether the statutory factors under the BMA are met. [read post]