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9 May 2010, 2:05 pm by David Jacobson
Under the new laws, traditional trustee company services provided by licensed trustee companies will now be regarded as financial services under Chapter 7 of the Corporations Act 2001 and Part 2, Division 2 of the Australian Securities and Investments Commission Act 2001. [read post]
21 Jul 2014, 2:00 pm by Gerry W. Beyer
On Thursday, a Circuit Judge in Wisconsin terminated Wells Fargo Bank as trustee of the Chester Bible scholarship trust, furnishing control to the Baraboo Community Scholarship Corporation (BCSC). [read post]
2 Apr 2022, 5:25 am by Rincker Law
If there is any doubt, consider hiring a corporate trustee with no emotional connection to the family or your accounts and property. [read post]
6 Jul 2012, 1:00 am by Hull and Hull LLP
Unless there is a contrary provision in the Will, common sense and business acumen suggests that an estate trustee should be a director of an estate-controlled private corporation. [read post]
1 Oct 2015, 1:53 pm by Daily Record Staff
Real property — Foreclosure — Emergency motion to stay writ of possession This is an appeal from a judgment granting possession to Federal Home Loan Mortgage Corporation (“Freddie Mac”) in a foreclosure action originally brought by JPMorgan Chas e Bank, NA and substitute trustees John S. [read post]
9 Mar 2010, 3:53 pm by Todd Zywicki
Replogle is a CEO of a trendy division of the Chlorox Corporation and, from what I can tell, seems to believe that it is micro-managing for trustees who actually talk to students, faculty, and administrators and make up their own minds about what works and what doesn’t. [read post]
27 May 2014, 4:04 am by J Robert Brown Jr.
 The chair of the NYU Board of Trustees is Marty Lipton. [read post]
3 Oct 2012, 12:29 pm
If the estate is large and complex, you should consider appointing a corporate trustee. [read post]
5 Jul 2016, 4:58 pm by Kevin LaCroix
” (How this makes coverage illusory frankly eludes me, as this provision would only preclude coverage for service as trustee of trusts not named in the policy declarations; it would not have any effect on coverage for his service as trustee of trusts that are named in the declarations.) [read post]
25 Jun 2009, 1:14 pm
Traditional trustee company services will be regarded as financial services under Chapter 7 of the Corporations Act, and trustee companies will be required to hold an Australian financial services licence covering the provision of the relevant services. [read post]
29 Sep 2009, 7:50 am
Despite provisions in the articles and in the New York Religious Corporations Law calling for annual elections, no election of trustees was ever held. [read post]
4 Apr 2011, 1:20 pm by David Jacobson
ASIC has issued class order CO 11/261 deferring the starting date for ‘traditional services’ trustee companies (listed in Schedule 8AA of the Corporations Regulations) to have a dispute resolution scheme under s 912A(1)(g) of the Corporations Act to 1 January 2012. [read post]
13 Aug 2007, 4:00 pm
  Here's one way to do it: Require a corporate trustee: After my death or if my personal rights under this Trust Agreement are suspended, there must be at least one Corporate Trustee serving at all times. [read post]
14 Mar 2010, 7:43 pm by David Jacobson
Revised draft regulations under the Corporations Act for trustee companies were recently released for further public comment. [read post]
28 Feb 2010, 10:13 pm by David Jacobson
Treasury has released amended draft Regulations and explanatory material for the Corporations Amendment Regulations 2010 and the Australian Securities and Investments Commission Amendment Regulations 2010 in relation to the licensing of trustee corporations pursuant to Schedule 2 of the Corporations Legislation Amendment (Financial Services Modernisation) Act 2009 which received Royal Assent on 6 November 2009. [read post]
23 Mar 2004, 5:20 pm
In Tuesday's corporations and securities law news, a report by Putnam Investments' board of trustees indicates the former CEO of the company knew about improper trading at the firm several years ago but failed to stop it. [read post]
16 Apr 2010, 12:37 pm
Some of these include trust departments of banks, legal, counsel, professional fiduciaries, non-profit corporations, family members and close friends. [read post]