Law Commons^™

The Tax Benefit, Recoveries, And Sales Of Property Under Section 337, Don L. Ricketts

William & Mary Law Review

No abstract provided.

Interest-Free Loans And Section 482 - Creation Of Income?, Paul E. Holtzmuller

William & Mary Law Review

No abstract provided.

The Financial Provisions Of The New Washingon Business Corporation Act, Part Iii, Richard O. Kummert

Washington Law Review

No abstract provided.

The Financial Provisions Of The New Washingon Business Corporation Act, Part Iii, Richard O. Kummert

Washington Law Review

No abstract provided.

Western Hemisphere Trade Corporations: Reconsidered, David L. Gibson

William & Mary Law Review

No abstract provided.

The 1967 Amendments To The Indiana General Corporation Act, Richard E. Deer, Douglas F. Burns

Indiana Law Journal

No abstract provided.

Blocked Income Of Controlled Foreign Corporations, Herbert I. Lazerow

Indiana Law Journal

No abstract provided.

Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe

Washington Law Review

Modern dividend statutes, as exemplified by the Model Business Corporation Act, have incorporated many accounting terms. For aid in the complex process of construing such statutes, the courts and commentators have turned to generally accepted accounting principles. Although accounting principles may be helpful in statutory interpretation, they are not determinative. The accounting attitude toward a transaction must still be correlated with the dividend policies inherent in the statute.

Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe

Washington Law Review

Modern dividend statutes, as exemplified by the Model Business Corporation Act, have incorporated many accounting terms. For aid in the complex process of construing such statutes, the courts and commentators have turned to generally accepted accounting principles. Although accounting principles may be helpful in statutory interpretation, they are not determinative. The accounting attitude toward a transaction must still be correlated with the dividend policies inherent in the statute.

Frey, Morris, Jr. & Choper: Cases And Materials On Corporations, Stanley Siegel

Michigan Law Review

A Review of Cases and Materials on Corporations By Alexander H. Frey, C. Robert Morris, Jr., and Jesse H. Choper

The "Unfair" Interested Directors ' Contract Under The New York Business Corporation Law, Max E. Schlopy

Buffalo Law Review

No abstract provided.

Corporations--Directors' Liability To Corporate Creditors For Negligent Mismanagement, Paul R. Rice

West Virginia Law Review

No abstract provided.

Subchapter S And The One Class Of Stock Requirement

Washington and Lee Law Review

No abstract provided.

Some Practical Problems Involved In Proxy Solicitation And Counting Under Virginia Law, Courts Oulahan

William & Mary Law Review

No abstract provided.

Income Tax--Reincorporation And Liquidation, Jacob Michael Robinson

West Virginia Law Review

No abstract provided.

Corporations - Piercing The Corporate Veil - Corporate Tort, Salvatore J. Cucinotta

Duquesne Law Review

The United States Court of Appeals for the Third Circuit holds that the corporate entity will be disregarded to hold a shareholder liable for a corporate tort only where the tort claimant can prove that the corporation was formed with a specific intent to escape personal liability for a specific tort or class of torts.

Zubik v. Zubik & Sons, Inc., 384 F.2d 267 (3d Cir. 1967), cert. denied, 88 S. Ct. 1183 (1968).

Insider Trading And The Stock Market. By Henry G. Manne., Alan H. Vogt

Buffalo Law Review

No abstract provided.

The New Maryland Close Corporation Law, William G. Hall Jr

Maryland Law Review

No abstract provided.

Removal Of The Corporate Director During His Term Of Office, Arthur H. Travers Jr.

Publications

The traditional rules governing the removal of corporate directors have evolved so as to insulate the board of directors from the shareholders who elect them. Professor Travers in his article examines initially the interests being advanced by protecting the board members from removal by their electorate. He then critically analyzes the law as it relates to these interests in order to suggest a more rational approach.

Real Property Tax Exemptions Of Non-Profit Organizations, Robert T. Bennett

Cleveland State Law Review

Although much has been written about non-profit organizations in the area of state and local taxation, very little has been written as to tax exemptions granted to these same organizations. This only indicates that the law on this subject is not well developed and remains a source of constant litigation. This situation appears to exist for several reasons. Each state has its own tax statutes with its own definitions and interpretations, and litigation can usually be resolved by referring only to the particular state constitution involved or the Constitution of the United States.

The Canadian Corporation And Wall Street: Application Of United States Securities Laws To Canadian Issuers, Merril Sobie

Elisabeth Haub School of Law Faculty Publications

The purpose of this article is to present the Canadian legal practitioner with a summary of those sections of American securities laws which are applicable to foreign issuers. Discussion, for the most part, will be limited to a brief outline of the more salient aspects of securities regulation; a complete presentation of any one feature would be impossible within the confines of a single article. Wherever possible, relevant authorities will be cited and counsel would be wise to examine their more detailed treatment. Moreover, though federal legislation in this area is not exclusive, discussion will be limited to the national …

Taxation Of The Treasures Of The Sea, John J. Kenny, Ronald R. Hrusoff

Villanova Law Review

No abstract provided.

Electric Transmission Lines - To Bury, Not To Praise, Samuel Graff Miller

Villanova Law Review

No abstract provided.

A Solution To The Problem Of State Taxation Of Interstate Commerce, John Dane Jr.

Villanova Law Review

No abstract provided.

Georgia’S Urgent Need For A Modern Corporation Statute, F. Hodge O'Neal

Faculty Scholarship

No abstract provided.

Corporation Executive Committees, Nancy F. Halliday

Cleveland State Law Review

Soon after it had been determined by the courts that management functions could be delegated by corporation boards of directors, it became a frequent practice in business and nonprofit corporations to delegate these functions to a small, active group of directors, known as the executive committee. Boards of directors cannot be expected to be in session continually, and certainly the affairs of a corporation require constant supervision by some directing body. This paper is particularly concerned with consideration of the extent to which the managerial function of the board of directors can be properly delegated to an executive committee.

Unreasonable Accumulation Of Income By Foundations, Joel H. Feld

Cleveland State Law Review

Unreasonable accumulation of income was and still is one of the the common abuses found in some foundations. Prior to 1950 the Internal Revenue Service challenged foundation exemption by stating that unreasonable accumulations of income were evidence that the foundation was not organized for, or carrying out, a charitable purpose. The courts were reluctant to follow this theory, and gave the law a liberal interpretation in favor of the foundations. It was not until 1950 that Congress enacted Section 3814 of the Internal Revenue Code of 1939. The law is the same today in the Internal Revenue Code of 1954, …

May A Corporation Act As Its Own Attorney, Timothy G. Cotner

Cleveland State Law Review

The question involved here is the right of a "person," not an attorney, to bring action or defend in a court of law. If a natural person may represent himself, why cannot a corporation choose to represent itself in court without the aid of an attorney? The question is posed with the thought in mind that in the eyes of the law a corporation is a legal entity and, therefore, should be permitted to appear in state and federal courts solely through the representation of an agent. This kind of a court appearance, whether by a natural person or by …

Book Review, Frederick E.J. Pizzedaz

Cleveland State Law Review

Reviewing Marian R. Freemont-Smith, Foundations and Government: State and Federal Law and Supervision, Russell Sage Foundation, 1965

The Bootstrap Loophole: Can It Be Closed, Frank C. Fogl Jr.

Cleveland State Law Review

The puropse of this paper is to review the history and background of bootstrap transactions and to determine: (1) Whether there is a need to close the bootstrap loophole; (2) If so, why this loophole has not been closed in the past; (3) Whether the Internal Revenue Code as it now exists contains provisions, if used, that can close this loophole; (4) If new legislation would be required to reach this end. A few key cases will be reviewed and analyzed, with major emphasis placed on the recent Clay Brown' decision, to show the attitude toward bootstrap transactions of both …