Search for: "Action Stock Transfer Corporation"
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14 May 2022, 6:31 am
The actual stockholders—Sorenson Impact Foundation and James Lee Sorenson Family Foundation—brought suit in the Delaware Court of Chancery against Continental Stock Transfer & Trust Company (the “Paying Agent”), the Buyer, and the Target (which was the surviving corporation and which we refer to herein, in combination with the Buyer, as the “Company”). [read post]
23 Oct 2015, 1:02 pm
From June 2011 through April 2012, Chan “transferred” $120 million of corporate assets to outside accounts that were controlled by him and his allies. [read post]
10 Nov 2012, 2:14 pm
., Appellee. 3rd District.Appeals -- Nonfinal orders -- Interpleader -- Action brought by plaintiff employed as stock-transfer agent and registrar of corporation's stock against corporation and transferee, alleging there was dispute between transferee and corporation concerning transferee's right to have certain restrictive legends removed from her shares and to have such shares certificated in her individual name -- Order… [read post]
10 Jul 2018, 12:00 am
Plaintiff assigned his stock shares to the Roy B. [read post]
4 Mar 2010, 6:09 am
The financial crisis of 2007-2010 has created the rare political climate in which one can realistically suggest preemptive federal action, particularly to redress the unintended consequences of earlier actions. [read post]
27 Feb 2020, 6:28 pm
In connection with that analysis, the court discussed the different levels of review applicable to such actions, in addition to the business judgment rule, based on which a court will analyze the actions of directors or others who owe fiduciary duties. [read post]
26 May 2008, 4:30 am
Shareholder agreements for close corporations often include provisions designed to protect the company and its shareholders against involuntary stock transfers or other potentially disruptive court decrees arising from the dissolution of a shareholder's marriage. [read post]
9 Mar 2016, 12:09 pm
Backed by a new law passed by the Malaysian government, the fund appointed an administrator last year to oversee the transfer of assets and liabilities. [read post]
13 Sep 2013, 2:17 am
She argued that the court erroneously allowed recovery for transfers of property made more than two years before the bankruptcy petition was filed, and that the Trustee failed to prove the post-petition transfers were out of the ordinary course of business.In 2006, the Delaware Chancery Court found Jeffrey Prosser, jointly and severally liable for roughly $56,000,000 (“Greenlight judgment”) for his fraudulent acquisition of the outstanding public stock of the… [read post]
11 May 2021, 12:10 pm
A stock sale is the purchase of the owner’s shares in a corporation / membership interest in a limited liability company. [read post]
21 May 2012, 8:24 pm
For instance, it notes: 2.4.9 The illicit money transferred outside India may come back to India through various methods such as hawala, mispricing, foreign direct investment (FDI) through beneficial tax jurisdictions, raising of capital by Indian companies through global depository receipts (GDRs), and investment in Indian stock markets through participatory notes. [read post]
18 Nov 2010, 2:56 am
Nor did the transfers comply with the provisions of that same agreement that prohibited any transfer of Global Launch stock within two years of acquisition “except from an opinion of counsel to the company. [read post]
8 Dec 2008, 2:12 pm
On October 2, 2008, Wells Fargo presented Wachovia with a signed and Board-approved offer to purchase Wachovia Corporation without government assistance in a stock-for-stock merger transaction valued at $10 billion. [read post]
28 Feb 2009, 1:24 pm
For public companies, this will need to be determined in consultation with non-Delaware actors such as transfer agents, stock exchanges and proxy voting services. [read post]
16 Sep 2016, 12:29 pm
Bodden to help them create fraudulent corporate documents that enabled Fusion Pharm to issue common stock to three other companies controlled by Sears, who then illegally sold the restricted stock into the market for $12.2 million in profits while hiding the companies’ connection to Fusion Pharm. [read post]
10 Aug 2009, 4:00 am
The suit asked to set aside the allegedly improper transactions and to have the title to the real properties transferred to the corporation. [read post]
21 Feb 2012, 2:00 am
The article discusses the ramifications of how the staff of the SEC’s Division of Corporation Finance issued a global no-action letter clearing the way for private companies to issue restricted stock units under written compensatory equity incentive plans. [read post]
7 Nov 2018, 7:55 am
The Water Company is organized under California’s General Corporation Law. [read post]
23 Apr 2016, 9:00 pm
In exchange for shares of stock in a closely held corporation, defendant agreed to pay the total sum of $1,800,000 in monthly installments over the course of 15 years. [read post]
29 Dec 2012, 5:32 pm
If the husband passes away and still owns the stock in the said corporation the husband agrees that the estate will transfer the shares of stock to their children in his last will and testament. [read post]
