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|Transparency and Trust in UK Business|
Dentons Canada LLP;
April 16, 2014, previously published on April 10, 2014The UK Government has announced its plan to make details of who owns and controls UK companies publicly available.
|SEC Conflict Minerals Disclosure Requirements Ruled Unconstitutional|
Andrew J. Brady, Brian V. Breheny, Hagen J. Ganem, Marc S. Gerber; Skadden, Arps, Slate, Meagher & Flom LLP;
April 16, 2014, previously published on April 14, 2014The U.S. Court of Appeals for the District of Columbia Circuit ruled earlier today that the U.S. Securities and Exchange Commission’s conflict minerals disclosure requirements are unconstitutional and remanded the matter to the district court for further consideration.
|What is a "Reasonable" Notice Period When the Contract is Silent?|
Dentons Canada LLP;
April 16, 2014, previously published on April 10, 2014This was the question that came before Mr Justice Norris towards the end of 2013 in the case of Hamsard 3147 Limited trading as "Mini Mode Childrenswear", JS Childrenswear Limited (in liquidation)) v. Boots UK Limited.
|Québec - Language Requirements: Court Rules to Keep Trademark Exception for Public Signs and Posters and Commercial Advertising|
Pablo Guzman, Julio Mena, Marc Philibert; Davis LLP / Davis SENCRL/SRL;
April 15, 2014, previously published on April 14, 2014The Superior Court of Québec, under the pen of Justice Michel Yergeau, granted a declaratory judgment that maintains the status quo of the well-known trademark exception for public signs and posters and commercial advertising. The awaited decision on April 9, 2014 settled the question...
|‘S Wonderful, ‘S Marvelous, ‘S Unreasonable|
Donna Ray Berkelhammer; Sands Anderson PC;
April 15, 2014, previously published on April 7, 2014One of the reasons to choose an S-Corp instead of an LLC is tax savings. An S-corp does not pay any taxes at the corporate level, but instead all income is passed through to the shareholders, who are responsible for a number of taxes on both salary and dividends (return on investment).
|Rogue CFO I- Introduction|
J. David Carroll; Sands Anderson PC;
April 15, 2014, previously published on April 9, 2014Small, privately owned corporations deal with all types of challenges: competition, government regulations, recessions, rising cost of benefits for employees —the list is long. But one area that seems to be a persistent problem for small businesses is the area of fraud, in particular economic...
Troy B. Rider; Barley Snyder;
April 15, 2014, previously published on April 2014In the wake of the 2008 financial meltdown, corporate conduct has been subject to increased scrutiny as regulators, shareholders and other third parties demand accountability for any misconduct or wrongdoing. Since a corporation is a legally created artificial entity, the question remains how can a...
|SEC Publishes Second Set of Conflict Mineral FAQs Focusing on Audit Requirement|
Jeffrey T. Haughey, Mary Anne O'Connell, Daniel J. Thompson; Husch Blackwell LLP;
April 15, 2014, previously published on April 9, 2014The Securities and Exchange Commission (SEC) has released new answers to nine Frequently Asked Questions about the conflict minerals rule. The regulation requires most reporting companies to disclose the presence of conflict minerals in products that they manufacture or contract to manufacture. The...
|U.S. Government Agencies Place Indefinite Hold on Issuance of Licenses for Export or Reexport to Russia|
Suzan Min Lehmann; Hinckley, Allen & Snyder LLP;
April 14, 2014, previously published on April 10, 2014On March 25, 2014, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) announced that it had placed a hold on the issuance of licenses authorizing the export or reexport of items destined for Russia. These include military items, "dual-use" items (goods, software, and...
|Board Classification in Maryland: Evaluating Section 3-803 of the MGCL|
April 14, 2014, previously published on April 9, 2014Since 1999, Section 3-803 of the Mary land General Corporation Law (the “MGCL”) has permitted the board of directors of a Mary land corporation or the board of trustees of a Mary land real estate investment trust with a class of equity securities registered under the Securities Exchange...