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18 Jun 2011, 5:32 am by Matteo Tonello, The Conference Board,
Editor’s Note: Matteo Tonello is Director of Corporate Governance for The Conference Board, Inc. [read post]
8 Sep 2008, 9:12 am
Non-Profit:Tax Exempt - does not pay property taxesNo ShareholdersHas a Board of Directors (which is usually not paid for service)Must have a charitable or religious purposeDoes not have a legal duty to make money for shareholdersFor-ProfitNo special taxes (must pay like other businesses)Corporation with goal to make money above and beyond salaryLegal Duty to make money for shareholdersSo what does it mean in practice? [read post]
26 Dec 2007, 8:59 am
The study does not make clear the relative effort but it does note (p. 56) that “Perhaps some tools should not be used on a limited basis at all. [read post]
1 Nov 2022, 1:51 am by Rob Robinson
While ComplexDiscovery regularly highlights this information, it does not assume any responsibility for content assertions. [read post]
5 Mar 2012, 7:39 am by Joe Palazzolo
 The questions is this: Does the so-called “business judgement rule” also protect corporate officers? [read post]
5 Jun 2010, 10:51 am by legalinformatics
Since the survey report also does not disclose the size of the population for the survey, readers of the survey report cannot determine the sufficiency of the sample size on the basis of information disclosed in the survey report. [read post]
29 Sep 2024, 9:01 pm by ngodridge
Termination of Applicable Corporation Status Applicable corporation status generally terminates if an applicable corporation does not exceed the $1 billion three-year threshold for five consecutive taxable years. [read post]
8 Nov 2021, 6:26 am
However, despite significant progress in the methodology for measuring and reporting corporate carbon emissions, the overwhelming majority of publicly listed companies around the world still does not disclose their carbon emissions, and even fewer privately held companies do so. [read post]
9 May 2019, 7:25 pm by Francis Pileggi
Issues Addressed: The two issues that the court addressed in this case are:  (1) Does corporate case law apply to the provisions for advancement in an LLC Agreement which contains language that mirrors the corporate statute, DCGL Section 145; and (2)  Whether the underlying action for which advancement is sought, arises “by reason of the fact” that the party seeking advancement acted in its “official” capacity? [read post]
26 Mar 2017, 6:31 am
Currently, over 84 percent of corporate boards include at least one professional director. [read post]
7 Aug 2015, 6:01 am by Steven Boutwell
  The LBCA allows corporations to terminate by simplified articles of termination if the corporation:  (1) does not owe any debts; (2) does not own any immovable property; and (3) has not issued shares or is not doing business. [read post]
9 Feb 2022, 2:46 pm by Samuel Neschis
The appellate court held that the circuit court does, in fact, have such authority and that the court ordered sale of the non-petitioning shareholder’s shares does not constitute an illegal forfeiture. [read post]
29 May 2007, 8:12 am
Slivinski does make the point that tax subsidies for corporations could be dealt with in a comprehensive tax reform bill. [read post]
14 May 2021, 7:34 am by Kevin Kaufman
On the other hand, financing the new infrastructure with an increase in the corporate tax rate reduces long-run GDP by 0.3 percent, because it raises the cost of corporate investment. [read post]
8 Aug 2024, 3:50 am by David Lynn
The latest issue of The Corporate Counsel has been sent to the printer. [read post]
25 Oct 2016, 1:19 pm by Christopher Simon
Although Georgia law allows for piercing the corporate veil when the shareholder directly participated in the the commission of the tort at issue, the court found this rule inapplicable to negligent training and supervision claims because such negligent conduct does not constitute direct participation in the commission of the tort. [read post]
30 Sep 2019, 9:05 am by Bridget Crawford
Selection of contributors does not depend on their ability or willingness to attend this gathering. [read post]