Foreign Corporations

Closing Your Business in Colombia

by Marcela Cristina Blanco | Michael Diaz Jr. - Diaz Reus International... on 5/22/2013

In Colombia, as in many other countries, closing down or dissolving a business is often more complicated than setting up a new one. Although there is a lot of information related to setting up a company in this country, there...more

International Litigation Update: Developments Concerning the Alien Tort Statute and Personal Jurisdiction

by King & Spalding on 5/17/2013

In the span of less than a week, the U.S. Supreme Court issued its decision in Kiobel v. Royal Dutch Petroleum Co., a decision concerning the reach of the Alien Tort Statute, and granted certiorari in Bauman v....more

Mexican Federal Labor Law Reform: What Companies Doing Business in Mexico Need to Know

by Brian Arbetter, Terese Connolly | Sheppard Mullin Richter & Hampton LLP on 5/16/2013

Mexico’s new Federal Labor Law (FLL) took effect on December 1, 2012. The reform seeks to modernize Mexico’s labor law. The new FLL’s major, employment related amendments include increased regulation of outsourcing jobs,...more

License to travel: how regulation is benefiting business abroad [Video]

by Reed Smith on 5/14/2013

Our Business Across Borders report series, written by The Economist Intelligence Unit, investigates the biggest issues facing global business. The first of five reports and video commentary, Licence to travel, examines the...more

But Wait, California May Require Even More In Annual Reports To Shareholders

by Keith Paul Bishop | Allen Matkins Leck Gamble Mallory & Natsis... on 5/14/2013

Yesterday’s blog discussed California’s requirement that many domestic and foreign corporations send financial statements to their shareholders. If a corporation has 100 or more holders of record (determined in accordance...more

California Requires Many Foreign Corporations To Send Annual Financial Statements To Shareholders

by Keith Paul Bishop | Allen Matkins Leck Gamble Mallory & Natsis... on 5/13/2013

California is a net exporter of corporate charters, but it remains home to many corporations. As a result, the California Corporations Code has a preternatural concern with foreign corporations. ...more

Business Across Borders - Licence to travel: how regulation is benefiting business abroad

by M. Tamara Box, Lindsay East, Daniel Kadar, Edward S. Miller, Cynthia O'Donoghue, Roger Parker, Anker Sorensen, Richard Swinburn, Philip Taylor | Reed Smith on 5/10/2013

Our Business Across Borders report series, written by The Economist Intelligence Unit, investigates the biggest issues facing global business. The first of five reports and video commentary, Licence to travel, examines...more

The Evolving Law of Personal Jurisdiction May Affect International Supply Chain Risk

by Jonathan M. Cohen, Katrina Johnson | Gilbert LLP on 5/9/2013

In the last two months, the United States Supreme Court granted review in two cases involving the limits of federal court jurisdiction over foreign companies: DaimlerChrysler AG v. Bauman, No. 11-965 (cert. granted Apr. 22,...more

The Supreme Court Again Revisits (And May Rein In) Personal Jurisdiction: Two Cases Now Up Next Term

by Grant Esposito, Brian Matsui | Morrison & Foerster LLP on 4/30/2013

On April 22, 2013, the Supreme Court granted review in another personal jurisdiction case: DaimlerChrysler AG v. Bauman, No. 11-965 (cert. granted Apr. 22, 2013). The question presented in DaimlerChrysler is “whether it...more

The California Taxpayer and Shareholder Protection Act of 2003

by Keith Paul Bishop | Allen Matkins Leck Gamble Mallory & Natsis... on 4/26/2013

Ten years ago, there was concern about so-called “expatriate corporations”. These were corporations that incorporated in foreign jurisdictions to minimize their tax liability. In reaction to this phenomenon, the legislature...more

U.S. Supreme Court Curbs Extraterritorial Reach of the Alien Tort Statute

by Gary J. Mennitt, Debra D. O'Gorman, Michael H. Park | Dechert LLP on 4/25/2013

Last week, the U.S. Supreme Court issued its decision in Kiobel v. Royal Dutch Petroleum Co., No. 10-1491 pertaining to the reach of the Alien Tort Statute (“ATS”). This decision states that the ATS does not apply to conduct...more

Proposed Legislation Would Sweep Certain Offshore Corporations into the U.S. Tax Net and Subject Their Worldwide Income to U.S....

by Dennis Allen, Robert S. Chase II, Jeffrey Mace, Michael Miles, William Pauls, M. Kristan Rizzolo, Carol Tello, P. Bruce Wright | Sutherland Asbill & Brennan LLP on 4/25/2013

The Stop Tax Haven Abuse Act and the International Tax Competitiveness Act of 2013 are two parts of a package of three bills introduced in the U.S. House of Representatives on April 15 by Rep. Lloyd Doggett. A significant...more

State Regulation of Nonprofit Organizations: Everything You Need to Know about Required State Filings for Your Nonprofit...

by Kristalyn Loson | Venable LLP on 4/24/2013

In This Presentation: - Incorporation/Annual Corporate Reporting - Foreign Corporation Authorization/Reporting - State Tax - Registration and Reporting - Charitable Solicitation...more

"US Supreme Court Greatly Restricts Scope of Alien Tort Claims; Holds Statute Does Not Apply Extraterritorially"

by Julie Bédard, Timothy Nelson, Susan Saltzstein, Jennifer Spaziano | Skadden, Arps, Slate, Meagher & Flom LLP on 4/23/2013

Last week, the U.S. Supreme Court issued its long-awaited opinion in Kiobel v. Royal Dutch Petroleum, No. 10–1491 (U.S. Apr. 17, 2013), a significant decision holding that the so-called “Alien Tort Claims Act” or “Alien Tort...more

The ATS’s Second Act: The Supreme Court Looks to Address the Unanswered Questions of Kiobel

by Alexandra Meise Bay | Foley Hoag LLP - Corporate Social... on 4/23/2013

The U.S. Supreme Court granted cert on April 22 in two important cases for the future application of the Alien Tort Statute (“ATS”) following its decision last week in Kiobel v. Royal Dutch Petroleum. ...more

Delaware and California Courts Split as to Whether a Reverse Triangular Merger Results In an Assignment By Operation of Law,...

by Amrita Nangiana, David Sands | Sheppard Mullin Richter & Hampton LLP on 4/10/2013

In Meso Scale Diagnostics, LLC v. Roche Diagnostics GmbH, C.A. No. 5589-VCP, 2013 WL 911118 (Del. Ch. Feb. 22, 2013, rev. Mar. 8, 2013), the Delaware Court of Chancery held that a reverse triangular merger does not result in...more

Personal Jurisdiction by Way of Agency: What Is Required?

by Alison Beanum | Sedgwick LLP on 4/2/2013

For jurisdictional purposes, when should a foreign parent company be “held for the acts” of a resident subsidiary acting on its behalf? On March 4, 2013, Los Angeles Superior Court Judge Lee S. Edmon analyzed this issue...more

Personal Use Of Corporate Property In A USRPI Holding Company Structure

by Charles (Chuck) Rubin on 4/1/2013

To insulate the ultimate individual owners from U.S. estate taxes, nonresident aliens often hold U.S. real property in a U.S. corporation, which corporation is owned by a foreign corporation. The foreign corporation is owned...more

U.S. Healthcare Reform, Foreign Employers, And Employers Of Foreign Workers

by Steven Witt | Fisher & Phillips LLP on 3/28/2013

Since the landmark 2012 U.S. Supreme Court decision in NFIB v. Sebelius, largely upholding President Obama’s Patient Protection and Affordable Care Act (the “ACA”), the U.S. government has been moving full-steam ahead on...more

Recent judgment a reminder of Hong Kong Court’s limited jurisdiction over foreign companies

by Adrienne Chan, Ian Mann | Harney Westwood & Riegels on 3/18/2013

We are reminded that shareholders of BVI holding companies may well have to look to the BVI Court to resolve unfair prejudice claims in seeking a buy-out order or other relief....more

International Arbitration in Australia is Safe: The High Court of Australia Confirms the Validity of the International Arbitration...

by Mark Chapple, Leigh Duthie, Erika Hansen, Mia Livingstone, Alexander Wolff | Baker & McKenzie Australia on 3/14/2013

Today the High Court of Australia dismissed a challenge to the constitutional validity of the International Arbitration Act 1974 (Cth) (Act) and declared the Act valid: TCL Air Conditioner (Zhongshan) Co Ltd v The Judges of...more

California Supreme Court Decision Closes the Door to California Lawsuits Against Dissolved Foreign Corporations

by Frederic Grannis | Sedgwick LLP on 3/12/2013

In a decision of considerable importance to insurers, the California Supreme Court in Greb v. Diamond International Corporation, Case No. S18365 (February 21, 2013), unanimously held that California’s corporate survival...more

California Supreme Court Holds Survival Statute Does Not Apply to Out-Of-State Corporations

by Kimberly Jackanich | Sedgwick LLP on 3/5/2013

The California Supreme Court recently held that the state’s statute governing wind-up and survival of dissolved corporations does not apply to out-of-state corporations. (Greb v. Diamond Int’l Corp., S183365, 2013 WL 628328...more

California Supreme Court Holds Suits Against Dissolved Foreign Corporations Subject to Survival Statutes of State of Incorporation

by Charles Wheeler | Cozen O'Connor on 3/1/2013

Greb v. Diamond International Corp., __ Cal.4th __, __ Cal. Rptr.4th __ (February 21, 2013) In a victory for liability insurers against the asbestos plaintiffs’ bar, the California Supreme Court ruled in Greb v. Diamond...more

California Supreme Court Resolves Court of Appeal Split, Holding that Section 2010 of the California Corporations Code --...

by Taraneh Fard, John Stigi | Sheppard Mullin Richter & Hampton LLP on 3/1/2013

In Greb v. Diamond Int’l Corp., 2013 WL 628328 (Cal. Feb. 21, 2013), the California Supreme Court unequivocally and unanimously laid to rest the assertion that dissolved foreign corporations may be sued in California after...more

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Closing Your Business in Colombia

International Litigation Update: Developments Concerning the Alien Tort Statute and Personal Jurisdiction

Mexican Federal Labor Law Reform: What Companies Doing Business in Mexico Need to Know

License to travel: how regulation is benefiting business abroad [Video]

But Wait, California May Require Even More In Annual Reports To Shareholders

California Requires Many Foreign Corporations To Send Annual Financial Statements To Shareholders

Business Across Borders - Licence to travel: how regulation is benefiting business abroad

The Evolving Law of Personal Jurisdiction May Affect International Supply Chain Risk

The Supreme Court Again Revisits (And May Rein In) Personal Jurisdiction: Two Cases Now Up Next Term

The California Taxpayer and Shareholder Protection Act of 2003

U.S. Supreme Court Curbs Extraterritorial Reach of the Alien Tort Statute

Proposed Legislation Would Sweep Certain Offshore Corporations into the U.S. Tax Net and Subject Their Worldwide Income to U.S....

State Regulation of Nonprofit Organizations: Everything You Need to Know about Required State Filings for Your Nonprofit...

"US Supreme Court Greatly Restricts Scope of Alien Tort Claims; Holds Statute Does Not Apply Extraterritorially"

The ATS’s Second Act: The Supreme Court Looks to Address the Unanswered Questions of Kiobel

Delaware and California Courts Split as to Whether a Reverse Triangular Merger Results In an Assignment By Operation of Law,...

Personal Jurisdiction by Way of Agency: What Is Required?

Personal Use Of Corporate Property In A USRPI Holding Company Structure

U.S. Healthcare Reform, Foreign Employers, And Employers Of Foreign Workers

Recent judgment a reminder of Hong Kong Court’s limited jurisdiction over foreign companies

International Arbitration in Australia is Safe: The High Court of Australia Confirms the Validity of the International Arbitration...

California Supreme Court Decision Closes the Door to California Lawsuits Against Dissolved Foreign Corporations

California Supreme Court Holds Survival Statute Does Not Apply to Out-Of-State Corporations

California Supreme Court Holds Suits Against Dissolved Foreign Corporations Subject to Survival Statutes of State of Incorporation

California Supreme Court Resolves Court of Appeal Split, Holding that Section 2010 of the California Corporations Code --...

License to travel: how regulation is benefiting business abroad [Video]

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