Search for: "Reliance Financial Corporation"
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10 Jun 2010, 2:01 am
This reflects greater caution and less reliance merely on manager pedigree. [read post]
9 Jun 2010, 9:29 pm
These private placements yield substantially higher returns thanbank certificates of deposit, most corporate bonds and mortgages. [read post]
8 Jun 2010, 7:34 pm
Vreeland, 227 U.S. 59 (1913), which refused to recognize the right to recover loss of society damages under the FELA (and which actually predated the passage of the Jones Act by seven years) and the result of the Court's reliance on that decision in Miles v. [read post]
7 Jun 2010, 10:04 am
The Comer class action suit was filed by Gulf Coast residents seeking financial damages from more than two dozen oil and coal companies for the local havoc wreaked by Hurricane Katrina, which the plaintiffs argued was exacerbated by the effects of global warming. [read post]
7 Jun 2010, 9:54 am
The Comer class action suit was filed by Gulf Coast residents seeking financial damages from more than two dozen oil and coal companies for the local havoc wreaked by Hurricane Katrina, which the plaintiffs argued was exacerbated by the effects of global warming. [read post]
3 Jun 2010, 1:56 am
It is interesting to note that in his discussion of the responsibility of corporate officers to prevent fraud, Judge Quackenbush invoked both concerns about executive compensation and about the possible role of corporate officials in the financial crisis, suggesting a judicial context within which the activities of corporate officers may be viewed, even in the absence of allegations that the officers whose conduct is at issue received disproportionate… [read post]
21 May 2010, 1:28 pm
Ernst & Young LLP, 152 F.3d 169, 171 (2nd Cir. 1998), the court noted that claims were made against the accounting firm Ernst & Young for orally approving a corporation’s false and misleading financial statements, which were subsequently disseminated to the public. [read post]
21 May 2010, 4:38 am
The line of credit has not been increased since SIPA was enacted in 1970, and an increase is necessary to provide the Securities Investor Protection Corporation with sufficient resources in the event of the failure of a large broker-dealer. [read post]
19 May 2010, 3:00 am
There are lots of tax benefits for natural resource extraction--many that we should eliminate asap, if we are serious about preserving the environment and moving on to less destructive sources of energy (while activating our economy with real production instead of the financialization, and creating jobs, preventing reliance on middle East oil--all at the same time). [read post]
17 May 2010, 5:09 am
Last week, The Corporate Library weighed in on the long-standing debate about what governance ratings actually mean to investors, particularly those related to ESG issues (Environmental, Social and Governance). [read post]
13 May 2010, 2:06 am
Judge Vance also denied (in reliance on the Citigroup derivative lawsuit case) defendants’ motions to dismiss the plaintiffs claims for waste "to the extent that corporate waste allegations pertain to compensation issues specifically authorized by the directors. [read post]
10 May 2010, 11:30 pm
As cross-border litigation increases, so does reliance on overriding rules and public policy. [read post]
7 May 2010, 12:29 pm
” Wright involved claims against an accounting firm and allegations that the firm orally approved a corporation’s false and misleading financial statements, which were subsequently disseminated to the public. [read post]
6 May 2010, 9:42 pm
The Law's idea (the uppercase "L" is purposeful) of making whole by financial restitution is, for those emotionally battered by the acts of others (whether those others are individuals, corporations, or governments) is wholly inadequate, but it's all we've got.Healing, reconciliation, peace, if they are to be found at all, must be found elsewhere. [read post]
25 Apr 2010, 7:20 am
The authority of a corporation’s board of directors to appoint an SLC to investigate derivative claims arises from the principle of corporate law that directors, rather than shareholders, manage the business and affairs of the corporation. [read post]
19 Apr 2010, 3:19 pm
Why would practitioners and corporations object to a new disclosure requirement? [read post]
16 Apr 2010, 5:00 am
See Monetta Financial Services, Inc., v. [read post]
15 Apr 2010, 2:53 am
She said that "an inference of scienter is supported, first of all, by Corus’s awareness of the discrepancy between its public statements about its finances and the corporation’s true financial condition. [read post]
14 Apr 2010, 2:13 pm
The early history of media in this country was characterized by the “partisan press” due to the heavy reliance on a patronage model and direct association with political parties and figures. [read post]
12 Apr 2010, 3:06 am
The argument submitted by the author is therefore that protection of purchasers of financial products should focus of the nature and consequences deriving from liability triggered by reliance on negligent misstatements concerning economic information which induces investors to purchase ‘junk bonds’. [read post]
