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Resolutive condition of a deed was researched in this article. It is a particular circumstance of reality which occurrence terminates rights. Simultaneously this circumstance may not depend on will of the parties of a deed. Therefore it's not the circumstance which should be deemed a resolutive...
Persistent link: https://www.econbiz.de/10012839705
The paper examines the main legal forms of legal entities, the use of which is characteristic of the commercial activities in «offshore» zones and jurisdictions which enable the creation of preferential tax, financial, informational and legal conditions for entrepreneurs.The article gives a...
Persistent link: https://www.econbiz.de/10012962555
The fine balance between prevention of minority shareholder rights and the independent will of the majority shareholders to run the company they majorly hold is largely dependent on the securities enforcement agencies of the country. In India, The SEBI has engaged in minority protections at the...
Persistent link: https://www.econbiz.de/10014255906
In a recent law review article Delaware Chief Justice Myron Steele argues that Delaware courts should interpret Delaware’s limited liability company (“LLC”) and limited partnership (“LP”) statutes as not including any default fiduciary duties. Therefore, he argues that the only...
Persistent link: https://www.econbiz.de/10014175049
"Legal valuation" - the resolution of disputes over the value of legal entitlements - is an inevitable aspect of any legal system. Across time and place and doctrinal boundaries, the problem is the same: each side seeks to have a self-servingly high or low figure assigned to the entitlement in...
Persistent link: https://www.econbiz.de/10014050912
Corporate law scholarship has long debated the extent to which corporate law rules are default or mandatory. It has paid less attention to corporate law's "altering rules," which prescribe what a corporation must do for its attempt at opting out of a given default rule to be recognized as...
Persistent link: https://www.econbiz.de/10014050994
In this chapter, we examine the conceptualization of the corporation in private law, focusing particularly on categorization functions served by the corporate form. We argue that corporations are conceptualized as a distinctive kind of legal actor, their legal agency being constituted by private...
Persistent link: https://www.econbiz.de/10014104157
Large businesses are often organized into a complicated web of interrelated corporations. Yet in many areas of U.S. law, jurisdictional and substantive rules focus only on the single entity, creating a mismatch between legal doctrine and the organization of business into corporate groups or...
Persistent link: https://www.econbiz.de/10013002381
Offensive shareholder activism (more commonly known as hedge fund activism) can be understood as a corrective mechanism in the governance of a public company. The legitimacy of offensive shareholder activism as a corrective mechanism is based on numerous empirical studies that have found this...
Persistent link: https://www.econbiz.de/10012972271
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