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But the government’s well-publicized efforts to mitigate the collateral consequences resulting from the plea will likely limit the plea’s practical significance for companies that find themselves in the unenviable position of negotiating a resolution of criminal allegations with the government. [read post]
1 Sep 2017, 8:27 pm
A liquidation of an Indonesian company, by virtue of Article 142 paragraph 1 of the Indonesian Law No. 40 of 2007 on Limited Liability Company (“Company Law”), can be conducted based on the following grounds:resolution of the General Meeting of Shareholders (“GMS”);due to the expiry of the company, as prescribed in the company's articles of association;a court order;revoked bankruptcy statement based on… [read post]
General partnerships and limited liability companies (LLCs), the most commonly chosen legal entities, are the focus of this study. [read post]
25 Jul 2013, 9:00 pm by Karel Frielink
The question is, however, whether a Curaçao NV (public limited company) or BV (private limited liability company) with negative equity is allowed to provide financial support to a third party acquiring shares in its capital. [read post]
28 Jan 2010, 10:52 am by Cleve Clinton & Jamie Ribman
Certainly company policies are intended to protect you and your company from legal liability. [read post]
16 Mar 2011, 2:01 am
Note that an installment agreement request can be made after the expiration of a hardship extension period (described below). [read post]
18 Jan 2016, 11:01 am by Karel Frielink
Only for matters evident from the accounts The shareholders of a Dutch Caribbean limited liability company (NV or BV) may provide a discharge (décharge) to members of the management board for matters evident from the annual accounts, or matters otherwise made known to the general shareholders meeting. [read post]
11 Jul 2011, 8:38 am
IT is important to note that the social hosts provisions in the Liquor Liability Act are not limited to private settings. [read post]
24 Jul 2017, 8:10 am by Earl Drott
Just as drivers owe one another certain duties when it comes to operating an automobile, insurance companies have responsibilities to their insured to properly handle liability claims that are filed following an east Texas car accident. [read post]
29 Nov 2023, 1:35 pm by Thomas
In Florida, the statute of limitations for personal injury claims, including slip and fall cases, is generally two years. [read post]
23 Oct 2018, 8:35 pm by Sean Hayes
Controlling shareholders have, also, been held criminally and civilly liable if the party acts as a de facto director.Similar Posts: Fiduciary Duties of Korean Directors/Representative & Controlling Shareholders of Korean Companies Suing Directors for Company Loses in Korea: Korean Corporate Compliance Basics Conflict of Interests in Korea: Lawyers as Outside Directors of Listed Korean Companies Involuntary Dissolution of a Company in Korea: Shareholder… [read post]
18 Jul 2008, 6:28 pm
This is from Ward on Iowa Limited Liability Company Law.Granting an LLC manager the power to "execute" instruments (for example, a promissory note) does not mean the manager has discretionary authority to borrow money on behalf of the LLC, so says the Kansas Court of Appeals in Sunflower Bank v. [read post]
25 Jun 2013, 6:47 am by Holland & Hart
Supreme Court today decided that for purposes of determining employer liability for Title VII harassment cases, a “supervisor” is limited to those who are empowered by the employer to take tangible employment actions against the victim. [read post]
3 Nov 2021, 5:52 am by Kelly McClure
The parties formed a limited-liability company together during the marriage, with each owning a 50% membership interest. [read post]
24 Jul 2023, 5:30 am by Steven Schwartzapfel
New York State law allows injured victims to sue for product liability and pursue alternative means of resolution. [read post]