Business Law
| Types of Mergers Analyzed Under Section 7 of the Clayton Act |
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| Mergers which are likely to substantially lessen competition or tend to create a monopoly in any line of commerce are illegal under Section Seven of the Clayton Act, 15 U.S.C.S. § 18. The type of merger -- horizontal, vertical, or conglomerate -- will affect consideration of the potential illegality of the merger. More... |
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| Employment Law |
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| Protection for Workplace Safety Whistleblowers More... |
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| Regulation of "Penny Stock" Sales |
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| Rules issued by the Securities and Exchange Commission under the Securities Exchange Act of 1934 define and regulate "penny stocks." Penny stocks are defined in Rule 3a51-1 as unregistered stocks priced at less than five dollars issued by a company with net tangible assets of less than $2 million after being in operation for three years or less than $5 million after being in operation less than three years. More... |
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| CORPORATE DIRECTORS - AN OVERVIEW OF FIDUCIARY RESPONSIBILITIES |
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| AN OVERVIEW OF FIDUCIARY RESPONSIBILITIES More... |
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| Remedies for Dissenting Shareholders and the Deadlocked Corporation |
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| Dissenting shareholders in a publicly-traded corporation may sell or otherwise dispose of their shares and seek as damages any lessening of value of the shares prior to the sale resulting from the matter causing the dissension. However, shareholders in a closely held corporation may not have a reasonable way to dispose of their shares and avoid dissension. Deadlocks among shareholders or directors of closely held corporations thus may result more often in litigation than such conflicts within publicly held corporations. More... |
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