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Provided sales and assets exist within the company, a joint-stock company is effectively a forum for three- party trading: Owners, i.e. shareholders, are seeking financial funds (profits) and offer economic assets, in the form of capital. Employees, contractors and other contracted parties seek compensation and offer labor for this.
The context for Adam Smith's term for "companies" in The Wealth of Nations was the joint-stock company. In the 18th century, the joint-stock company was a distinct entity created by the King of Great Britain as Royal Charter trading companies. These entities were sometimes awarded legal monopoly in designated regions of the world, such as the ...
The company was named New York City Ballet in 1948 when it became resident at City Center of Music and Drama. [ 9 ] [ 10 ] Its success was marked by its move to the New York State Theater, now David H. Koch Theater , designed by Philip Johnson to Balanchine's specifications.
The Second Department initially observed that New York law contained “no definition of ‘not reasonably practicable’ in the context of the dissolution of a limited liability company” and ...
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]
The modern principle that shareholders are liable to the corporation was introduced by the Joint Stock Companies Act 1844. The 1855 Act allowed limited liability to companies of more than 25 members (shareholders). Insurance companies were excluded from the act, though it was standard practice for insurance contracts to exclude action against ...
Alexandra Waterbury is an American ballet dancer and fashion model. In September 2018 she began a lawsuit against her former boyfriend and his employer—principal dancer Chase Finlay and New York City Ballet—and several other parties, alleging that the individuals named shared sexually explicit images and videos of Waterbury without her consent, and that the institutions named were co-liable.
Gray’s career in ballet began when he became press director for the New York City Ballet. It was there he would meet his future wife, Kyra Nichols, a former principal dancer for the dance company.