News & Analysis as of

Corporate Entities Shareholders

Skadden, Arps, Slate, Meagher & Flom LLP

Corporate Trends and Financing - March 2024

Managing Deal Risks in a Challenging Regulatory Environment: Strategies and Deal Terms With antitrust and other regulators scrutinizing mergers more closely, it is crucial for companies to negotiate terms to mitigate and...more

Mayer Brown

Delaware Chancery Court Invalidates Common Stockholder Agreement Provisions

Mayer Brown on

In the recent decision West Palm Beach Firefighters’ Pension Fund v. Moelis & Company, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery ruled that certain provisions of a stockholder agreement contravened...more

Foley Hoag LLP

Delaware Court of Chancery Invalidates Certain Rights in Stockholder Agreement Sidelining Board of Directors

Foley Hoag LLP on

On February 23, 2024, the Court issued an opinion3 invalidating certain provisions of a stockholder agreement, which, in part, contractually constrain the Board’s discretion to exercise control over the business and affairs...more

Freeman Law

Exploring Mexican Business Frameworks | An Investor’s Guide to Legal Corporate Entities

Freeman Law on

Mexico’s robust economic landscape and hospitable business setting establish an appealing choice for investors aiming to make their mark in the Latin American market. Understanding the various corporate legal entities...more

Greenbaum, Rowe, Smith & Davis LLP

Appellate Division Reaffirms Well-Settled Precedent in Refusing to Assume Attorney-Client Privilege for Individual Shareholders in...

Generally speaking, attorney-client privilege protects against the disclosure of confidential communications between a client and a lawyer that are related to the provision of legal advice or assistance. A recent New Jersey...more

Holland & Knight LLP

Are You a Mexican Shareholder of a U.S. Company? 2024 Brings New U.S. Reporting Obligations

Holland & Knight LLP on

Similar to the controlling beneficiary regulation in Mexico, next year the United States will enter into force a new obligation for most U.S. companies, including those with Mexican shareholders, to report information about...more

Skadden, Arps, Slate, Meagher & Flom LLP

Gray Zone: When a UK-Incorporated Company Is Protected by Neither the UK Takeover Code nor US Law

Key Points - U.K.-incorporated companies may assume that they are protected by the - Takeover Code’s rules on bids and other changes of control, but that is not always true if they are listed in the U.S. - Whether...more

McDermott Will & Emery

New From January 2024 | Participation Exemption for European Corporations on Disposal of Shareholdings

McDermott Will & Emery on

The Italian government recently approved a draft 2024 budget law which provides for the extension of the domestic participation exemption regime on disposal of shareholdings (PEX) to those non-resident corporations that: (i)...more

Patton Sullivan Brodehl LLP

“Business Judgment Rule” Applies to HOAs

California’s common law “business judgment rule,” as described by the courts, protects from court intervention “those management decisions which are made by directors in good faith in what the directors believe is the...more

Bradley Arant Boult Cummings LLP

Converting a Corporation into an LLC Can Lead to Unintended Consequences: Don’t Convert to an LLC Without Careful Advance Planning

Corporations and LLCs both provide their shareholders and members with limited liability to operate a for-profit business, and while these two forms of business entities are similar in many ways, they also have some important...more

Wilson Sonsini Goodrich & Rosati

Converting to a Delaware Public Benefit Corporation: Lessons from Experience

The past two years have seen a dramatic shift in practice relating to the Delaware public benefit corporation (the PBC)—a corporate form that requires the board of directors to balance stockholders' monetary interests, the...more

Smith Anderson

Lawyers May Simultaneously Represent a Corporation and Its Directors Against Derivative Claims That Do Not Allege “Serious...

Smith Anderson on

In a case of first impression in North Carolina, a judge for the North Carolina Business Court was recently asked to decide whether a single law firm may simultaneously represent both a corporation and its individual...more

Robins Kaplan LLP

The Robins Kaplan Spotlight, Vol. 6 No. 2, Spring 2021 - In the Beginning: Choosing the Right Corporate Entity

Robins Kaplan LLP on

Professionals have a wide range of corporate entities to choose from when setting up their businesses, such as corporations, limited liability companies (LLCs), limited liability partnerships, limited partnerships, general...more

International Lawyers Network

Establishing A Business Entity In Liechtenstein (Updated)

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine. The form of government is a constitutional monarchy established on democratic parliamentary...more

Miller Canfield

Poland Authorizes a New Type of Corporate Entity: The "Simple Joint Stock Company"

Miller Canfield on

In an effort to promote startups and encourage investment in emerging companies, the Polish government has amended the Polish Commercial Companies Code to allow for a new and exciting type of business entity: the simple joint...more

Goodwin

New Amendment to Delaware General Corporation Law Solidifies Delaware’s Status as Welcoming of Benefit Corporations

Goodwin on

Since the 2013 adoption of a new subchapter to the Delaware General Corporation Law, which provided corporate entities the ability to be formed as, or convert into, a public benefit corporation, Delaware has been an...more

Verrill

Is a Benefit Corporation Right for You?

Verrill on

The “benefit corporation” is a relatively new type of business entity. In 2010, Maryland became the first state in the U.S. to enact a statute recognizing and providing for the organization of this form of entity. In...more

Womble Bond Dickinson

Update on Piercing the Corporate Veil

Womble Bond Dickinson on

In Pertuis v. Front Roe Restaurants, Inc., 423 S.C. 640, 817 S.E.2d 273 (2018), the South Carolina Supreme Court has provided important new guidance in the area of “piercing the veil” of brother-sister corporations. All five...more

International Lawyers Network

Establishing A Business Entity In Liechtenstein

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine. The form of government is a constitutional monarchy established on democratic parliamentary...more

Womble Bond Dickinson

Will Corporations Be Required To Become Social Activists?

Womble Bond Dickinson on

The corporate world may be anticipating its biggest change since the SEC Act of 1934. As enormous companies stretch across nations, they are expected to become progressive citizens of the world, not simply money generating...more

Maynard Nexsen

Piercing the Corporate Veil: South Carolina Formally Recognizes Single Enterprise Theory

Maynard Nexsen on

South Carolina has loosely addressed the amalgamation of interests theory for more than three decades, generally finding that separate corporate entities may be viewed as one if there has been an amalgamation of the corporate...more

Jones Day

Mexican Decree Imposes New Equity Holder and Shareholder Registry Record Obligations

Jones Day on

The Mexican Federal Official Gazette, on June 14, 2018, published a decree amending some provisions of the Mexican General Law of Commercial Companies. This decree imposes new obligations on companies in Mexico with respect...more

Mintz - Energy & Sustainability Viewpoints

Save the World, Reduce Your Cost of Capital: How Danone is Turning ESG Impact into Lower Borrowing Costs

The world is changing! Over the last several years, Environmental, Social and Governance (ESG) criteria have been an emerging focus in the investing world, primarily driven by equity investors where it can be harder for a...more

Blake, Cassels & Graydon LLP

Broad Changes to Ontario Corporate Law Recommended

A panel of legal practitioners and academics appointed by Ontario’s Ministry of Government and Consumer Services (Panel) has recommended potential updates and revisions to a number of corporate and commercial Ontario statutes...more

Foley & Lardner LLP

Should Your Startup Become a Public Benefit Corporation?

Foley & Lardner LLP on

With the increased attention paid to companies that feature public benefits or social impact as part of their mission or business plan and with the rise of social impact investors, more and more states are enacting public...more

25 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide