CALPINE CORP (Form: 8-K, Received: 09/20/2007
... the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) a Second Amended Joint Plan of Reorganization Pursuant to Chapter 11 of the United States Bankruptcy Code (the “Second Amended Plan”) and a related Disclosure Statement with respect to the Second Amende ...
... the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) a Second Amended Joint Plan of Reorganization Pursuant to Chapter 11 of the United States Bankruptcy Code (the “Second Amended Plan”) and a related Disclosure Statement with respect to the Second Amende ...
Fiduciary Obligations of Directors of a Target Company in Resisting
... informed basis, in good faith and in the honest belief that the action taken was in the best interests of the company".28 The business judgment rule consists essentially of five elements,29 each of which is assumed to be satisfied when the rule is applied. They are as follows: (1) the directors exer ...
... informed basis, in good faith and in the honest belief that the action taken was in the best interests of the company".28 The business judgment rule consists essentially of five elements,29 each of which is assumed to be satisfied when the rule is applied. They are as follows: (1) the directors exer ...
KRONOS ADVANCED TECHNOLOGIES INC (Form
... the “Lenders”), the Issuer issued a $10,820,000 Secured Convertible Promissory Note due June 19, 2010 (the “AirWorks Note”) to AirWorks, the outstanding principal amount of which is convertible into an aggregate of up to 3,864,285,714 shares of the Issuer’s Common Stock at the initial conversion pri ...
... the “Lenders”), the Issuer issued a $10,820,000 Secured Convertible Promissory Note due June 19, 2010 (the “AirWorks Note”) to AirWorks, the outstanding principal amount of which is convertible into an aggregate of up to 3,864,285,714 shares of the Issuer’s Common Stock at the initial conversion pri ...
BUSINESS CORPORATIONS ACT - Alberta
... shareholders entitled to vote on that resolution; (ii.1) “spouse” means the spouse of a married person but does not include a spouse who is living separate and apart from the person if the person and spouse have separated pursuant to a written separation agreement or if their support obligations and ...
... shareholders entitled to vote on that resolution; (ii.1) “spouse” means the spouse of a married person but does not include a spouse who is living separate and apart from the person if the person and spouse have separated pursuant to a written separation agreement or if their support obligations and ...
1 THE CROSS-BORDER INSOLVENCY OF INTERNATIONAL
... whom this work would not have been completed. This study owes much to his international expertise and advice, intellectual insights, and great encouragement. I also thank Professor Neil Andrews for his dedication, great thoroughness and critical thinking for the first half of the thesis. I thank Mur ...
... whom this work would not have been completed. This study owes much to his international expertise and advice, intellectual insights, and great encouragement. I also thank Professor Neil Andrews for his dedication, great thoroughness and critical thinking for the first half of the thesis. I thank Mur ...
Duty of Care—Overcoming Business Judgment Rule
... have to pay any more than what she invests. a. Assume Sister invests on the “understanding” that she will share in profits, will help Brigg run business, & will not be liable beyond her investment. Is her liability exposure limited? b. What forms of business organization might accommodate Pearl’s mu ...
... have to pay any more than what she invests. a. Assume Sister invests on the “understanding” that she will share in profits, will help Brigg run business, & will not be liable beyond her investment. Is her liability exposure limited? b. What forms of business organization might accommodate Pearl’s mu ...
Current Developments in Bankruptcy
... the debtor. In re Carraway Methodist Health Systems, 2008 WL 2937781 (Bankr. N.D. Ala. 2008). If, however, the proof of claim is subsequently disallowed because it was not timely filed, the scheduled claim will be reinstated for purposes of distribution. Neither the Bankruptcy Code (the “Code”) nor ...
... the debtor. In re Carraway Methodist Health Systems, 2008 WL 2937781 (Bankr. N.D. Ala. 2008). If, however, the proof of claim is subsequently disallowed because it was not timely filed, the scheduled claim will be reinstated for purposes of distribution. Neither the Bankruptcy Code (the “Code”) nor ...
Consumer Law and Credit / Debt Law
... important to keep client problems in perspective. The law outlined in this manual governs millions of consumer and credit transactions made in the province every year. The vast majority of those transactions are carried out without any problems. Overwhelmingly, society accepts the rules that govern ...
... important to keep client problems in perspective. The law outlined in this manual governs millions of consumer and credit transactions made in the province every year. The vast majority of those transactions are carried out without any problems. Overwhelmingly, society accepts the rules that govern ...
Property Outline
... 2. For artificial use; 1) cannot take any water until the natural need of upstream & downstream owners are satisfied, 2) everyone has an equal right to this postsatisfaction water for artificial uses. E.g. large-scale irrigation is artificial use (unless a relatively arid area) 3. An owner may sue f ...
... 2. For artificial use; 1) cannot take any water until the natural need of upstream & downstream owners are satisfied, 2) everyone has an equal right to this postsatisfaction water for artificial uses. E.g. large-scale irrigation is artificial use (unless a relatively arid area) 3. An owner may sue f ...
Corporations Act 2001 - Federal Register of Legislation
... Public company auditor (initial appointment of auditor) .......................................................................... 161 Public company auditor (annual appointments at AGMs to fill vacancies) ................................................ 161 Public company auditor (appointment to fi ...
... Public company auditor (initial appointment of auditor) .......................................................................... 161 Public company auditor (annual appointments at AGMs to fill vacancies) ................................................ 161 Public company auditor (appointment to fi ...
A Systems Approach to Comparing U.S. and Canadian
... Subsequently, a creditor removes a machine from the debtor's factory. The debtor complains to the court and the court requires the creditor to return the machine. A doctrinal explanation of this outcome might be as follows: the filing of the reorganization case caused a "stay" to come into existence ...
... Subsequently, a creditor removes a machine from the debtor's factory. The debtor complains to the court and the court requires the creditor to return the machine. A doctrinal explanation of this outcome might be as follows: the filing of the reorganization case caused a "stay" to come into existence ...
shares as security in modern times: problems and prospects
... “a company may issue perpetual debentures and a condition contained in any debentures, or in any deed for securing any debentures, shall not be invalid by reason only that the debentures are made irredeemable or redeemable on the happening of a contingency, however remote, or on the expiration of a ...
... “a company may issue perpetual debentures and a condition contained in any debentures, or in any deed for securing any debentures, shall not be invalid by reason only that the debentures are made irredeemable or redeemable on the happening of a contingency, however remote, or on the expiration of a ...
Harvard Law School
... A variety of sanctions have been used across history for enforcing contracts, including debtor’s prison and enslavement. The principal sanction employed by modern legal systems, however, is permitting an unpaid creditor to seize assets owned by the defaulting promisor. When an individual enters into ...
... A variety of sanctions have been used across history for enforcing contracts, including debtor’s prison and enslavement. The principal sanction employed by modern legal systems, however, is permitting an unpaid creditor to seize assets owned by the defaulting promisor. When an individual enters into ...
Commercial Law Developments 2010
... chosen in the security agreement governs attachment and because the parties’ choice of law was limited to contractual issues, the law of the forum governs tort claims. Debtor’s claim for conversion of corvette resulting from repossession failed because the car was goods and the security agreement ex ...
... chosen in the security agreement governs attachment and because the parties’ choice of law was limited to contractual issues, the law of the forum governs tort claims. Debtor’s claim for conversion of corvette resulting from repossession failed because the car was goods and the security agreement ex ...
corporate restructuring, corporate restructuring, valuations and
... provisions and the multitude of judicial and unresolved issues enunciate that the professionals dealing with restructuring should possess unequivocal and explicit knowledge of the objective approach and perspective of the subject. The purpose of this study material is to provide an in-depth understa ...
... provisions and the multitude of judicial and unresolved issues enunciate that the professionals dealing with restructuring should possess unequivocal and explicit knowledge of the objective approach and perspective of the subject. The purpose of this study material is to provide an in-depth understa ...
Giggles N` Hugs, Inc. (Form: 8-K, Received: 06/05
... All forms of compensation set forth in this section are due and payable to WestPark with respect to any completed transaction for the period from the Effective date of this Agreement through the end of the 24 th month following the termination date of this agreement, after giving effect to any and a ...
... All forms of compensation set forth in this section are due and payable to WestPark with respect to any completed transaction for the period from the Effective date of this Agreement through the end of the 24 th month following the termination date of this agreement, after giving effect to any and a ...
MAKING SURE THE BAD GUYS PAY
... a. General Rule. A Purchaser of goods acquires all title which his transferor had or had power to transfer [this means that if the seller has a limited interest, the buyer will only receive that limited interest as well] i. Voidable Title. A person with voidable title has the power to transfer a goo ...
... a. General Rule. A Purchaser of goods acquires all title which his transferor had or had power to transfer [this means that if the seller has a limited interest, the buyer will only receive that limited interest as well] i. Voidable Title. A person with voidable title has the power to transfer a goo ...
ACH Positive Pay Quick Tips
... The following fields are available on the ACH Authorization Rules Setup screen: Notification Type: Select Create Exception or Email Notification Only. The value Create Exception indicates that an unauthorized transaction will become an exception that requires a pay or return decision by the client. ...
... The following fields are available on the ACH Authorization Rules Setup screen: Notification Type: Select Create Exception or Email Notification Only. The value Create Exception indicates that an unauthorized transaction will become an exception that requires a pay or return decision by the client. ...
Law and the Rise of the Firm
... Economic activity in modern societies is dominated not by individuals, but by firms that own assets, enter contracts, and incur liabilities that are legally separate from those of their owners and managers. A universal characteristic of these modern business firms is that they enjoy the legal power ...
... Economic activity in modern societies is dominated not by individuals, but by firms that own assets, enter contracts, and incur liabilities that are legally separate from those of their owners and managers. A universal characteristic of these modern business firms is that they enjoy the legal power ...
Corporations I - Phi Delta Phi
... beauty salon because although they met the first four requirements Fenwick maintained exclusive control over the business. So although there was profit sharing, Mrs. Chesire, the employee, had no control except to view the books. (a) Might have been influenced by politics because she would have been ...
... beauty salon because although they met the first four requirements Fenwick maintained exclusive control over the business. So although there was profit sharing, Mrs. Chesire, the employee, had no control except to view the books. (a) Might have been influenced by politics because she would have been ...
Allen - NYU Law
... Partners or owners of joint ventures must inform one another about other business opportunities that arise out of the joint partnership before they take it for themself. (Meinhard) This does not require an offer for a stake in the deal, only disclosure of availability… gives other p-ner opportunity ...
... Partners or owners of joint ventures must inform one another about other business opportunities that arise out of the joint partnership before they take it for themself. (Meinhard) This does not require an offer for a stake in the deal, only disclosure of availability… gives other p-ner opportunity ...
Limited Liability and the Corporation - Chicago Unbound
... ity means that the investors in the corporation are not liable for more than the amount they invest. A person who pays $100 for stock risks that $100, but no more. A person why buys a bond for $100 or sells goods to the firm for $100 on credit risks $100, but no more. The managers and the other work ...
... ity means that the investors in the corporation are not liable for more than the amount they invest. A person who pays $100 for stock risks that $100, but no more. A person why buys a bond for $100 or sells goods to the firm for $100 on credit risks $100, but no more. The managers and the other work ...
Secured Transactions Summary: Fall 2001
... creditor. Proceeds are held in a common pool until all claims have been filed and then are distributed pro-rata. ROC: Under Creditors Relief Acts, there is a regime of compulsory sharing on a pro-rata basis (not the usual c/l approach of first-come, first-served) 4. Fraudulent conveyances and unju ...
... creditor. Proceeds are held in a common pool until all claims have been filed and then are distributed pro-rata. ROC: Under Creditors Relief Acts, there is a regime of compulsory sharing on a pro-rata basis (not the usual c/l approach of first-come, first-served) 4. Fraudulent conveyances and unju ...
443-Creditors_Remedies-Edinger
... CHAPTER 1 – REGUULATION OF CREDIT SYSTEM AND OF EXTRA-JUDICIAL DEBT COLLECTION I. INTRODUCTION - There are 4 principles to keep in mind in all creditors remedies cases: a) Law believes that just debts should be paid - Just debts occur when it is determined 'x' owes '$' b) Some protection for the deb ...
... CHAPTER 1 – REGUULATION OF CREDIT SYSTEM AND OF EXTRA-JUDICIAL DEBT COLLECTION I. INTRODUCTION - There are 4 principles to keep in mind in all creditors remedies cases: a) Law believes that just debts should be paid - Just debts occur when it is determined 'x' owes '$' b) Some protection for the deb ...
Corporations Act 2001 - Federal Register of Legislation
... Corporations Act 2001 Act No. 50 of 2001 as amended This compilation was prepared on 10 April 2006 taking into account amendments up to Act No. 17 of 2006 Volume 2 includes: ...
... Corporations Act 2001 Act No. 50 of 2001 as amended This compilation was prepared on 10 April 2006 taking into account amendments up to Act No. 17 of 2006 Volume 2 includes: ...