Sentences with phrase «actions on the behalf of a corporation»

The comptroller's office on Monday announced what is known as a derivative lawsuit that allows shareholders to file legal actions on the behalf of a corporation when its officers or directors have failed to meet their required fiduciary responsibilities.

The defendants argued that the claim was solely Martinrea's claim and that it had to be pursued as a derivative action on behalf of the corporation, with leave of the court.

Not exact matches

NEW YORK --(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Celgene Corporation (NASDAQ: CELG) who purchased shares between September 12, 2016 and February 27, 2018.

Another independent expenditure (or IE) group, New Yorkers for Independent Action weighed in on behalf of CM Cabrera who is a staunch supporter of school choice, charter schools and education tax credits for individuals and corporations that donate to public, private and parochial schools.

A proposed class action was commenced on May 25, 2010 against Thomson Reuters Corporation and Thomson Reuters Canada Limited on behalf of a class of Canadian lawyers and law firms.

Multiple investigations, cases and actions brought on behalf of Fortune 500 corporations for thefts and misappropriation of trade secrets.

In Crawford v. London (City), 2000 CanLII 22350 (ON SC), (2000), 47 OR (3d) 784 (S.C.J.), leave to appeal ref'd, [2000] O.J. No. 2088 (S.C.J.), referred to in the decision, a class action was permitted because an individual unit owner could not maintain a representative action under any act in Ontario on behalf of current or former owners of any of the units in a condominium corporatioON SC), (2000), 47 OR (3d) 784 (S.C.J.), leave to appeal ref'd, [2000] O.J. No. 2088 (S.C.J.), referred to in the decision, a class action was permitted because an individual unit owner could not maintain a representative action under any act in Ontario on behalf of current or former owners of any of the units in a condominium corporatioon behalf of current or former owners of any of the units in a condominium corporation.

Sections 171 and 172 of the Strata Property Act, S.B.C. 1998, c. 43, permitted a strata corporation to bring an action on behalf of and as a representative of owners.

You can also create rules around the appointment and termination of officers, specify what earnings must be passed to the shareholders as dividends, and agree on what actions officers and shareholders may make on behalf of the corporation.

This class action was commenced in May 2010 against Thomson Reuters Corporation and Thomson Reuters Canada Limited on behalf of a class of Canadian lawyers and law firms.

On February 27, 2018, Barclay Damon commenced an action in federal court in Chicago seeking recovery of $ 1.2 billion on behalf Shelbourne North Water Street Corporation, the frustrated developer of the Chicago Spire, against National Asset Management Agency and National Asset Loan Management, both statutory bodies of the Republic of IrelanOn February 27, 2018, Barclay Damon commenced an action in federal court in Chicago seeking recovery of $ 1.2 billion on behalf Shelbourne North Water Street Corporation, the frustrated developer of the Chicago Spire, against National Asset Management Agency and National Asset Loan Management, both statutory bodies of the Republic of Irelanon behalf Shelbourne North Water Street Corporation, the frustrated developer of the Chicago Spire, against National Asset Management Agency and National Asset Loan Management, both statutory bodies of the Republic of Ireland.

The Court's decision in California State Teachers» Retirement System v. Alvarez — a suit brought on behalf of Wal - Mart Stores, Inc. — refused to adopt the Delaware Court of Chancery's recommendation that, as a matter of federal due process, a judgment in one derivative action should not bind the corporation or its stockholders in another derivative action unless either (i) the first action has survived a motion to dismiss because a pre-suit demand on the corporation's board of directors would have been futile or (ii) the board has given the plaintiff authority to proceed on the corporation's behalf by declining to oppose the derivative suit.

The plaintiff's action is brought on its own behalf, and on behalf of a Class defined as all land surveyors (individuals, corporations or partnerships) in Ontario who, on or before March 26, 2014, were the:

Sharon Ava & Co., Inc. v. Olympic Tower Assoc. (259 A.D. 2d 315)- plaintiff fails to establish that it was licensed at the time it procured lease transaction and is barred by RPL § 442 - d from commencing action to recover commission; fact that corporate plaintiff's president was licensed broker at the time of the transaction does not save the cause of action on behalf of the unlicensed corporation.