Search for: "Action Stock Transfer Corporation"
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9 Feb 2015, 7:00 pm
During the lifetime of the testatrix and on the date of her death, she was the owner of 600 shares of the capital stock of the defendant store corporation and 51 shares of the capital stock of the defendant and realty corporation. [read post]
28 Jan 2021, 6:09 pm
The Court of Chancery concluded that a sale by Hunt of its shares to Borealis would be a “transfer. [read post]
10 Apr 2017, 5:00 am
This post is the one of two posts discussing claims brought against International Business Machines Corporation (“IBM”) in 2016 regarding a seventeen percent drop in the company’s stock price. [read post]
29 Sep 2010, 10:36 am
It transfers power from the states to the federal government. 6. [read post]
2 Mar 2009, 10:31 am
Section 16(b) generally requires directors, officers and beneficial owners of more than 10% of the stock of a publicly traded corporation to disgorge to the corporation any so called "short swing profits" from purchases and sales of stock (or vice versa) made within a period of less than six months. [read post]
31 Mar 2016, 9:51 am
The findings stated that prior to the corporation going public, Voldness was issued warrants to purchase shares of the corporation. [read post]
25 Apr 2017, 8:58 am
Secondary Market Offer According to Central Trade & Transfer, a secondary market website, shares of Corporate Property Associates 17 Global have recently sold for just $9.73 per share. [read post]
16 Mar 2020, 4:10 am
As part of their judicial dissolution cause of action, they demanded an “order pursuant to Section 1104-a(d) . . . adjusting the stock valuations for Eagle and providing a surcharge upon the directors or those in control of the corporation, other than Kyriacou, due to their willful and reckless dissipation and transfer of assets and corporate property without just or adequate compensation therefor. [read post]
31 Aug 2023, 11:00 pm
POST-NUP WASN’T LEGALLY ENFORCEABLEIn a matrimonial case, the parties presented the court with a 1964 agreement which provided that the couple would not share assets if they were to later divorce, conditioned upon the husband transferring all of his shares of stock in a certain corporate entity to their son.In 2018, when she filed for divorce, the wife claimed the writing was not a legally enforceable “postnuptial agreement,” while the husband countered… [read post]
3 Jul 2021, 3:31 am
The panel affirmed the district court’s partial dismissal and partial summary judgment in favor of the defendants in an admiralty action alleging successor and alter-ego liability. [read post]
19 May 2008, 7:00 am
This beneficiary method can also be successfully used with other forms of personal property, Individual Retirement Accounts, annuities, 401 (k)’s, corporate stock (both private and public), limited liability memberships and bonds of all types. [read post]
12 Feb 2012, 3:17 am
Most corporate stock is purchased in the secondary markets, not at IPOs. [read post]
27 Jul 2017, 7:14 am
By extension, because board members of Maryland non-stock corporations owe the same fiduciary obligations as any other Maryland corporation, breach of duty accompanying a contractual obligation would be sufficient to support a tort claim. [read post]
23 Apr 2009, 12:30 pm
Similar to protective provisions in a Series A preferred stock financing, there are certain fundamental actions that cannot be taken without the consent of holders of more than 50% of the Class F common stock. [read post]
12 Jul 2018, 7:54 am
More precisely, the holding entity was found to have required the French subsidiary to do the following: – make a financial contribution to the group beyond the subsidiary’s financial capacity; – effect a free transfer of a trade mark license to another entity of the group while the French subsidiary continued to bear the license fee; – provide a real estate guarantee for the benefit of another entity of the group; – purchase a stock of goods to… [read post]
9 May 2008, 7:00 am
” Further, “Courts have consistently pierced the corporate veil when an indebted corporation transfers assets to another corporation to avoid a judgment or debt. [read post]
15 Sep 2020, 3:03 pm
[ii] The corporate governance hierarchy is topped by court decisions and are followed in descending order by corporate statutes and regulations, entity governing documents (articles of incorporation, bylaws and shareholder agreements), actions approved or directed by the Board of Directors or shareholders and, finally, actions by officers based on inherent authority without prior Board approval. [read post]
12 Dec 2011, 4:46 am
Two pages back, another legend adds the following: PARTICULARITY (sic) IN LIGHT OF THE TRANSFER RESTRICTIONS AND REDEMPTION RIGHTS OF THE CORPORATION DESCRIBED IN THIS OFFERING DOCUMENT, IT IS VIRTUALLY IMPOSSIBLE FOR ANYONE TO REALIZE A PROFIT ON A PURCHASE OF COMMON STOCK OR EVEN TO RECOUP THE AMOUNT INITIALLY PAID TO ACQUIRE SUCH COMMON STOCK. [read post]
15 Aug 2013, 8:41 am
Assignment and transfer of stock must be approved by a majority of the directors, but any person demanding assignment or transfer may appeal from the board of directors' action to the cooperative's members. [read post]
9 Jul 2010, 3:25 pm
As a result of this event and a serious of other adverse events, China North's stock has been halted and investors have suffered significant losses. [read post]
