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The House of Lords held the buyback was ultra vires the company. Lord Herschell said the following, If the claim under consideration can be supported, the result would seem to be this, that the whole of the shareholders, with the exception of those holding seven individual shares, might now be claiming payment of the sums paid upon their shares as against the creditors, who had a right to look ...
Ohio's law prohibits any "raw milk retailer" from selling or "exposing for sale raw milk to the final consumer." [32] In 2012, an Iowa trial court invalidated a herdshare agreement in Slippy v. Northey. [33] There, the shareholder challenged the state's issuance of a cease and desist letter to a dairy farmer managing her herdshare. [33]
Delay, Deny, Defend is a critical exploration of the property and casualty insurance industry, examining how its practices affect policyholders.Feinman, a law professor specializing in consumer rights and insurance law, argues that the industry prioritizes profits over policyholders' needs, often using tactics like delaying or denying legitimate claims to bolster financial performance.
In this edition, Stuart and Sonia look into why the majority of people buy funds over shares when they first begin investing and explain the surprising fact that seven out of 10 fund managers ...
Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent. [1]Companies, governments and nonprofit organizations may compensate their employees or officers for necessary and reasonable expenses; under US [2] [3] law, these expenses may be deducted from taxes by the organization and treated as untaxed income for the ...
Eligible customers had until April 15 to claim their share of the $100 million class-action settlement alleging customers who purchased postpaid wireless plans were charged administrative fees ...
The contract is based upon the bargain that a party forgoes its ability to sue (if it has not sued already), or to continue with the claim (if the plaintiff has sued), in return for the certainty written into the settlement. The courts will enforce the settlement. If it is breached, the party in default could be sued for breach of that contract.
Elon Musk shared a legal letter to X which said Neuralink faces a probe by the SEC. He shared the letter in a series of posts attacking and mocking SEC Chair Gary Gensler.