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12 Oct 2017, 4:29 am by Andrew Lavoott Bluestone
After the funding of the Trust in July 2008, no contact regarding the trust agreement is alleged to have occurred between the Bonins and defendants, until the Trustees letter dated March 6, 2013, almost five years after the funding of the Trust and 11/i years after the expiration of the statutory limitations period. [read post]
30 Sep 2013, 7:20 pm by Larry Catá Backer
One of the most ambitious approaches I have encountered recently was put forward last year in an AAC&U publication by an international group of liberal arts college presidents. [read post]
29 Dec 2010, 12:33 pm by Daniel E. Cummins
Trustees of University of Pennsylvania, Nos. 36 & 37 EAP 2009 (Pa. [read post]
15 Mar 2016, 2:14 pm by Brian E. Barreira
 … Under such a trust, a grantor puts his assets in a trust of which he is the beneficiary, giving his trustee discretion to pay out monies to gratify his needs but limiting that discretion so that the trustee may not pay the grantor’s debts. [read post]
7 Feb 2022, 4:00 pm by Alvin Li, Jacqueline L. Bonneau
Beech Aircraft: “(1) ‘common ownership’; (2) ‘financial dependency of the subsidiary on the parent’; (3) the ‘degree to which the parent interferes in the selection and assignment of the subsidiary's executive personnel and fails to observe corporate formalities’; and (4) ‘the degree of the parent's control of the subsidiary's marketing and operational policies. [read post]
29 Oct 2013, 5:53 am by Juan Antúnez
Good call says the 5th DCA, here’s why: [U]nder a clause providing an alternative to a statutory minimum benefit, to receive the alternative devise, the beneficiary must forfeit the right to receive the statutory benefit. [read post]
30 Jan 2012, 4:29 am by Laura Sandwell, Matrix.
The appellant then challenged the arbitral award to the respondent in court proceedings, and subsequently has appealed the Court of Appeal of Jamaica’s decision in the Privy Council. [read post]
29 Aug 2022, 4:40 am by Franklin C. McRoberts
The Larsen Decision The first was Larsen v Larsen (2022 NY Slip Op 32415(U) [Sup Ct, Kings County July 18, 2022]), in which Brooklyn Commercial Division Justice Leon Ruchelsman considered and rejected a pre-answer dismissal challenge to a shareholder derivative suit based upon the suing minority shareholder’s alleged conflict of interest. [read post]
27 Jun 2021, 12:53 pm by Guest Blogger
Bobbitt’s “services to UK/US relations and public life. [read post]
6 Oct 2014, 3:30 am by Peter Mahler
In Matter of TDA Industries, Inc., 240 AD2d 262 (1st Dept 1997), the court held that petitioner’s equitable ownership of shares in the hands of pension plan trustees could not be used to satisfy § 1104-a’s requirement of a 20% interest in the corporation’s voting shares where the pension plan eliminated pass-through voting rights. [read post]