Their old father gave each of them a fine horse; the one who knew the dictionary and the daily paper by heart had a black horse, while the other who was so clever at corporation law
had a milk- white one.
The suit seeks a declaratory judgment that Santander, alone or in concert with others, will obtain 20% or more of the voting power of Sovereign and that the closing of the amended investment agreement constitutes a control transaction under the Pennsylvania Business Corporation Law
The suit argues that in addition to violating Section 141(a) of the General Corporation Law
which provides that the "business and affairs of the Corporation shall be managed by or under the direction of the Board of Directors," the stockholder proposal also conflicts with Bally Total Fitness' Certificate of Incorporation, which explicitly authorizes the Board to amend the bylaws.
The filing of the Complaint and related materials follows the October 31, 2005 submission by the Liberation Funds of a letter (the "Demand Letter") to Bally pursuant to Section 220 of the Delaware General Corporation Law
demanding the right to inspect Bally's stockholder list and certain of its books and records.
the "Liberation Funds") announced today that they filed a lawsuit in Delaware, the state in which Bally Total Fitness Holding Corporation (the "Company") is incorporated, on September 16, 2005 requesting that the Court of Chancery of the State of Delaware in and for New Castle County order the Company to (i) hold an annual meeting of stockholders by no later than October 28, 2005, (ii) elect four (4) directors at the annual meeting by written ballot pursuant to Section 211(e) of the Delaware General Corporation Law
and (iii) grant the Liberation Funds other relief deemed appropriate by the Court.
BPGC is a state-owned enterprise solely funded by Beijing Municipal Government and established in accordance with State Corporation Law
Ayers earned a Juris Doctor degree from the University of Iowa with high distinction and served on the staff of the Journal of Corporation Law
Furthermore, the corporation, which was established under New York State's Not-for-Profit Corporation Law
as an instrumentality of New York City, meets Fitch's requirements as a special purpose entity and is considered bankruptcy remote.
OTC:KREN) reported today that the record date of for stockholders entitled to notice and to vote at the annual meeting of stockholders has been changed to July 30, 2004, in order to reconcile a conflict between the provisions of the Delaware General Corporation Law
and the Company's by-laws.
Brother International Corporation Law
Department Named the ILO 2014 Global Counsel Team of the Year in the General Commercial Category
loopholes are largest when dealing with shell companies such as LLCs.
The complete text of the Delaware General Corporation Law
is included, along with discussions of recent decisions by the Delaware Supreme Court and the Delaware Court of Chancery.