News & Analysis as of

Interested Parties

Russian Legislation Update: May 2017

by White & Case LLP on

Welcome to the most recent issue of our Russian Legislation Update, covering the period of May 2017. In this issue: - Banking - Corporate...more

The limits for interested-party transactions defined

by Dentons on

On 2 May 2017 the Central Bank of Russia published a Directive in which it defined limits for application of the Corporate Laws on interested-party transactions. The limits are taken into account when the price or book value...more

All Experience is not Good Experience – Experience Ratings & 11 U.S.C. § 363(f)

by Burr & Forman on

Recently, the Bankruptcy Court for the Northern District of Alabama joined with a number of courts in finding that a debtor’s ability to sell their assets free and clear of any “interests” in property encompassed the right to...more

New rules for conclusion of major and interested party transactions

by Dentons on

The approval of major and interested party transactions by Russian limited liability companies and joint stock companies has for many years been a source of practical difficulties for corporate lawyers and caused legal...more

California FTB Schedules Interested Parties Meeting on Short Notice to Discuss Issues in the Regulations on Sourcing Income from...

by McDermott Will & Emery on

The California Franchise Tax Board has scheduled an Interested Parties Meeting to discuss proposed changes to its apportionment regulations. Several years ago, when the statute called for sourcing receipts from services and...more

Russia: New Rules on Approvals of Certain Corporate Actions

by Morgan Lewis on

The new rules, which take effect on 1 January 2017, will apply to both limited liability and stock companies. Russia recently changed the laws governing the approval of certain corporate actions....more

Significant changes in corporate law

by Dentons on

For the first time Russian companies are required to identify their beneficial owners. Applicable to: all legal entities, except for...more

California FTB to Discuss Apportionment of Combined Group Income

by McDermott Will & Emery on

The California Franchise Tax Board (FTB) will hold a second Interested Parties Meeting at their office in Rancho Cordova on April 20, 2016, dealing with the apportionment of income for combined reporting groups with both...more

Director Independence Revisited

by Miles & Stockbridge P.C. on

Interested director transactions (transactions where one or more members of a board of directors will “receive a personal financial benefit … that is not equally shared by the stockholders.” Rales v. Blasband, 634 A.2d 927,...more

Attorney General Issues Guidance On State Not-for-Profit Law

On April 13, 2015, the New York Attorney General’s office released two guidance documents addressing key provisions of the New York Not-for Profit Corporation Law (the N-PCL) enacted as part of the Non-profit Revitalization...more

When It Comes To Director Compensation, California Is Not Delaware

by Allen Matkins on

Yesterday, I wrote about my disagreements with the approach to director compensation adopted by the Delaware Court of Chancery in Calma v. Templeton, 114 A.3d 563 (Del. Ch. 2015) and Seinfeld v. Slager, 2012 Del. Ch. LEXIS...more

'Cornerstone' Decision Reinforces Del. Corporate Law Bedrock Principles

by Morris James LLP on

Delaware law has long provided that the decisions of disinterested and independent directors who receive no special benefit from a transaction ought not be the basis of personal liability in monetary damages. To subject...more

2015 Nevada Business Entities Law Update

The 78th Session of the Nevada Legislature made a number of changes to provisions of Title 7 of the Nevada Revised Statutes (NRS) governing business entities, including corporations, limited liability companies and limited...more

When JV Partners Disagree About Whether To Protest

These days, government contractors are pursuing federal work through joint ventures with increasing frequency. Among the reasons for this are that joint ventures allow contractors to combine resources and share risk. Not...more

I Think We’re Alone Now: Applying the Common-Interest Privilege When No Litigation is Pending

by Butler Snow LLP on

Recently, the New York Appellate Division broadened that state’s common-interest privilege doctrine. In Ambac Assurance Corp. v. Countrywide Home Loans, Inc., 124 A.D.3d 129 (N.Y. App. Div. 1st Dep’t 2014), the court removed...more

T&E Litigation Newsletter- April 2015

by Goulston & Storrs PC on

On April 6th the Appeals Court issued a decision concerning standing in guardianship proceedings under the Massachusetts Uniform Probate Code (“MUPC”) that may influence future cases involving the interpretation of other...more

California FTB to Consider Revisions to Combination Regulations for Mixed Financial and Non-Financial Reporting Groups

by Morrison & Foerster LLP on

The California Franchise Tax Board (FTB) has announced the scheduling of an Interested Parties Meeting (IPM) for December 4, 2014 on the topic of possible regulatory efforts regarding the proper treatment of mixed...more

Challenging Major and Interested Party Transactions

by White & Case LLP on

On 16 May 2014 the Plenary Session of the Russian Supreme Commercial Court adopted Resolution No. 28 “On Certain Issues Related to Challenging Major and Interested Party Transactions.” In this Resolution, the Court...more

Even Offerors Eliminated Before the Competitive Range May Have Protest Standing

On January 14, 2013, the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) held that an offeror had standing to challenge the exclusion of its proposal from a competition even prior to a competitive range,...more

19 Results
|
View per page
Page: of 1
Cybersecurity

"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:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.