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Corporate Dissolution Shareholders Corporate Taxes

Morris James LLP

Chancery Holds Void Corporations are Unable to Litigate Claims

Morris James LLP on

Rivera v. Angkor Capital Ltd., C.A. 2022-0671-MTZ (Del. Ch. Aug. 20, 2024) - In this decision involving a plaintiff corporation’s action to rescind a stock purchase agreement involving the sale of a majority interest in...more

Lowndes

Beware Transferee Liability

Lowndes on

One of the great features of corporations is that liability in the corporation generally does not extend to its shareholders, including tax liability. Like any rule, though, there is almost always an exception. In this...more

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