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Increasingly, corporate law has converged with labor law. [112] The United States is in a minority of Organisation for Economic Co-operation and Development countries that, as yet, has no law requiring employee voting rights in corporations, either in the general meeting or for representatives on the board of directors. [113]
Corporate law is a branch of law that examines the nature, creation and operation of legally incorporated businesses. For an overview, see the corporate law article. Wikimedia Commons has media related to Corporate law .
Pages in category "United States corporate law" The following 23 pages are in this category, out of 23 total. This list may not reflect recent changes. ...
The United States, and a few other common law countries, split the corporate constitution into two separate documents (the UK got rid of this in 2006). The memorandum of association (or articles of incorporation ) is the primary document, and will generally regulate the company's activities with the outside world.
As a result of its early enabling corporate statute, New Jersey was the first leading corporate state. [3] In 1899, Delaware followed New Jersey's lead with the enactment of an enabling corporate statute, but Delaware only became the leading corporate state after the enabling provisions of the 1896 New Jersey corporate law were repealed in 1913 ...
Corporate law in Saudi Arabia, for example, follows the model of New York State corporate law. In addition to typical corporations in the United States, the federal government, in 1971 passed the Alaska Native Claims Settlement Act (ANCSA), which authorized the creation of 12 regional native corporations for Alaska Natives and over 200 village ...
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Piercing the corporate veil or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders. Usually a corporation is treated as a separate legal person , which is solely responsible for the debts it incurs and the sole beneficiary of the credit it is owed.