On April 6, 2011, Mary L. Schapiro, Chairman of the Securities and Exchange Commission ("SEC") sent a letter to Darrell E. Issa, Chairman of the Committee on Oversight and Government Reform, responding to a March 22, 2011 letter from Rep. Issa concerning capital formation issues. In her letter, Chairman Schapiro indicated that the SEC would [...]
As calendar year companies work on preparing their 2011 proxy statement materials, we wanted to report on a recent development that highlights the importance of a company’s full disclosure of, and compliance with, the SEC’s executive compensation disclosure rules.
By way of background, there were several additional executive compensation disclosure requirements added by the Dodd-Frank Act [...]
Corporations and Limited Liability Companies (LLC) are formed to shield owners from personal liability for the debts and obligations of their businesses. One of the major differences between a corporation and an LLC is that they have different federal tax liabilities. Corporations are incorporated according to the state laws and the owners are shareholders, who [...]
According to a study by an American Express Open Small Business Holiday Monitor survey that came out on Monday, 1/3 of small business owners are going to give employee gifts this holiday season, in comparison to 46% in 2008. In addition, only 47% small business owners are anticipating giving corproate gifts to clients, down from [...]
A cogent amount of corporations that acclimatized accounts in the accomplished year are accessible to authority their anniversary shareholders meetings.
In this year’s meetings, added than 300 companies plan as their capital focus of absorption aegis measures adjoin adverse takeover bids.
Interestingly, added companies accept alien systems to acquiesce shareholders to vote via the internet and corpuscle [...]