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29 Jan 2024, 10:47 am by Amy Howe
United States (Mar. 27): Whether the proceeds of a life-insurance policy taken out by a closely held corporation on a shareholder to facilitate the redemption of the shareholder’s stock should be considered a corporate asset when calculating the value of the shareholder’s shares for purposes of the federal estate tax. [read post]
29 Jan 2024, 4:46 am by Franklin C. McRoberts
Cases involving a shareholder’s right to fair value appraisal of his or her stock resulting from an “all or substantially all” sales transaction are rare. [read post]
23 Jan 2024, 9:01 pm by renholding
The drug price-fixing conspiracy – which became the focus of investigations by the Department of Justice, 49 state attorney generals, and Congress– has embroiled the generic pharmaceutical industry. [read post]
22 Jan 2024, 9:01 pm by renholding
You are probably well acquainted with its successor, rule 506.[2] Prior to the adoption of former rule 146 in April 1974, the Commission did not have rules interpreting section 4(2) of the Securities Act.[3] As a result, issuers faced uncertainty in determining whether a sale of securities did not involve “any public offering” and in applying case law on the topic, including the Supreme Court’s decision in SEC v. [read post]
22 Jan 2024, 3:32 am by Peter J. Sluka
Christofano decided to award themselves 70% of the Company stock and pursuant to the Director’s Consent, Mr. [read post]
18 Jan 2024, 6:38 am by Unknown
Justices explored whether Item 303 omissions require a misleading statement and if private rights of action are authorized in this context (Macquarie Infrastructure Corp. v. [read post]
18 Jan 2024, 5:54 am
By this time the case was called Chevron v. [read post]
18 Jan 2024, 5:12 am by John Elwood
Alaska State Employees Association, involving whether the nation’s largest state is doing enough to protect the First Amendment rights of state employee union members. [read post]
17 Jan 2024, 9:01 pm by renholding
McCormick of the Court of Chancery addressed an issue of first impression in Crispo v. [read post]
16 Jan 2024, 1:19 pm by Kevin LaCroix
Short Reports Have a substantial immediate impact on stock price. [read post]