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Incorporation

International Lawyers Network

Establishing a Business Entity in Costa Rica (Updated)

1. Types of Business Entities in Costa Rica - The most common types of business entities in Costa Rica are Corporations, known in Spanish as “Sociedades Anónimas” (also referred to as “S.A.´s”), and Limited Liability...more

International Lawyers Network

Establishing a Business Entity in Chile (Updated)

I. Types of Business Entities - 1. Description of the types of entities available - In Chile, there are different types of entities available to establish a business. The most common entities for foreign investment...more

Allen Matkins

Was A Discussion Of Damage Calculation Necessary In TripAdvisor?

Allen Matkins on

I recently commented on the discussion of possible damage theories posited by Vice Chancellor J. Travis Laster in Palkon v. Maffei, 311 A.3d 255 (Del. Ch. 2024).   A commenter on my post noted that the Court discussed damages...more

Walkers

Company Migration to and from Jersey

Walkers on

The application process and evidence required by the JFSC for a migration - Consideration of a migration application by the JFSC...more

Conyers

Top 5 British Virgin Islands Publications of 2024

Conyers on

Our British Virgin Islands office’s most popular publications provided valuable insights on doing business in the jurisdiction, effective asset recovery tools, strategies for addressing modern legal challenges, corporate...more

Allen Matkins

What's Damages Got To Do With TripAdvisor?

Allen Matkins on

In in a recent LinkedIn post, J. Travis Laster (not posting as Vice Chancellor of the Court of Chancery) noted the following...more

International Lawyers Network

Establishing a Business Entity in Canada (Updated)

INTRODUCTION - Bilingual and Bi-Juridical - Canada is a bilingual, bi-juridical, and multi-cultural country, composed of 10 provinces and 3 territories. English and French are federally mandated official languages...more

Allen Matkins

Tornetta v. Musk - Too Many Words!

Allen Matkins on

After the premiere performance of Mozart's singspiel Entführung aus dem Serail (The Abduction from the Seraglio) in Vienna’s old Burgtheatert, Emperor Joseph II of Austria reportedly quipped "Too many notes, dear Mozart, too...more

Allen Matkins

Delaware's Problem Isn't That It's Pro-Plaintiff And Anti-Business, It's That Its Corporate Law Is Too Labyrinthine And...

Allen Matkins on

Professor Stephen Bainbridge recently took note of a draft essay by Yale Law School Professor Jonathan R. Macey, Delaware Law Mid-Century: Far From Perfect but Probably Not Leaving for Las Vegas.  Professor Macey posits that...more

Allen Matkins

This Delaware Doctrine Makes Nevada Conversions Easier

Allen Matkins on

Recently, I wrote about a proposal by The Trade Desk, Inc. to convert from a Delaware to a Nevada corporation.  Predictably, a stockholder challenged the proposed reincorporation.  Gunderson v. The Trade Desk, Inc., 2024 WL...more

Allen Matkins

Will This Effluence Ever End? One More Public Company Proposes To Leave Delaware For Nevada

Allen Matkins on

Gaxos.ai Inc. lists its corporate headquarters as Roseland, New Jersey, but like many companies it is incorporated in Delaware.  Last week, it joined several other companies that are proposing to reincorporate in Nevada.  In...more

Allen Matkins

The State Of Nevada Vilipends Vice Chancellor Laster's Ruling In Maffei v. TripAdvisor

Allen Matkins on

Much has been written about Vice Chancellor J. Travis Laster's ruling in Palkon v. Maffeii, 2024 WL 678204 (Del. Ch. Feb. 20, 2024).  That case involved a challenge to TripAdvisor's planned reincorporation from Delaware to...more

Venable LLP

From One State to Another: Changing a Nonprofit's State of Incorporation

Venable LLP on

Nonprofits periodically ask how they can change their legal domicile or state of incorporation from one state to another. For some, an evolution in the location of physical or virtual headquarters, the type and nature of...more

Conyers

BVI Corporate Review - Q3 2024

Conyers on

Welcome to the Conyers BVI Corporate Review for Q3 2024. In this edition we cover the upcoming annual return filing deadlines for BVI companies, recent headline transactions, recent publications and British Virgin Islands...more

Allen Matkins

Where Corporations Most Often Propose To Reincorporate

Allen Matkins on

Recently, I wrote that The Trade Desk, Inc. is proposing to reincorporate from Delaware into Nevada.  An appendix to the company's definitive proxy statement includes a table of Proposed Reincorporations, Proxy Filings from...more

Allen Matkins

Yet Another Corporation Proposes Move From Delaware To Nevada

Allen Matkins on

Regular readers of this blog will know that Nevada corporate law has been a long-time interest for me.  That interest began several decades ago when I wrote the first treatise on Nevada corporate law.  That treatise was...more

Allen Matkins

Stockholders Fail To Approve Proposal To Reincorporate Nevada Corporation In Delaware

Allen Matkins on

Although much attention of late has been devoted to proposals to reincorporate in Nevada from Delaware, not every corporation is swimming in the same direction.  Last May,  Kintara Therapeutics, Inc., a Nevada corporation,...more

Walkers

The Benefits of Using Guernsey Companies

Walkers on

Guernsey companies are extremely popular, and are used for a wide variety of purposes. Guernsey companies can be incorporated quickly and a large number of corporate services providers offer day-to-day administration...more

Nelson Mullins Riley & Scarborough LLP

Federal Court Decision Empowers West Virginia Churches with New Legal Protections

A recent federal court decision has ruled that West Virginia must allow churches to incorporate, marking a significant shift in how religious organizations in the state can operate. This ruling opens up new opportunities for...more

Allen Matkins

Has Professor Solomon Rebutted Vice Chancellor's Theory Of Damages In Palkon v. Maffei?

Allen Matkins on

Palkon v. Maffei, 311 A.3d 255 (Del. Ch. 2024), cert. denied, No. 2023-0449-JTL, 2024 WL 1211688 (Del. Ch. Mar. 21, 2024) involved a challenge to the proposed reincorporation of TripAdvisor, Inc. from Delaware to Nevada. ...more

Allen Matkins

In Proposing Move From Delaware To Nevada, This Corporation Cites The Burden Of MFW

Allen Matkins on

Earlier this week, The Trade Desk, Inc. filed preliminary proxy materials for a special meeting of stockholders.  The purpose of the meeting is to approve the reincorporation of the corporation from the State of Delaware to...more

Conyers

日本企業のケイマン諸島持株会社上場

Conyers on

日本の音響制作会社のBloomZは最近、Nasdaqでそのケイマン諸島持株会社を上場しました。弊事務所は日本の事業会社のケイマン諸島持株会社によるIPOに従事しており、日本企業が香港またはNYSE/Nasdaqで上場する際にかかるケイマン諸島持株会社ストラクチャーを採用することがなぜ有益なのか、本稿でご説明したいと思います。...more

Conyers

Listing Japanese Companies Using Cayman Holding Companies

Conyers on

Having recently completed the listing on Nasdaq of BLOOMZ, the Cayman Islands incorporated holding company of a Japanese audio production company, and being currently engaged to act on a number of IPOs of Cayman Islands...more

Allen Matkins

Another Delaware Publicly Traded Company Proposes A Nevada Move

Allen Matkins on

Last week, Chromocell Therapeutics Corporation filed preliminary proxy materials that included a proposal to reincorporate in Nevada.  Rather than convert, the company is proposing to effect the reincorporation by means of a...more

Bennett Jones LLP

Starting a Business in British Columbia: Key Steps and Considerations for Emerging Enterprises

Bennett Jones LLP on

When starting a new business in British Columbia, there are several steps you will have to take to turn your business idea into a reality....more

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