Business Organizations Law Commons^™

Dads Are Parents, Too: Why Amending The Pregnancy Discrimination Act Is Necessary For Courts To Determine If A Parental Leave Policy Violates Title Vii, Krista Gay

Brooklyn Journal of Corporate, Financial & Commercial Law

To attract millennials desiring a work-life balance, large companies have begun to offer new parent leave to both male and female employees and commonly offer longer leave to women than men. Although a company may offer pregnancy disability leave to women without offering similar leave to men, if the company classifies the leave as parental bonding leave, it must be offered equally. If it is not, as highlighted by recent lawsuits against JP Morgan and Estée Lauder, a Title VII claim can arise. Historically, courts have had difficulty deciding if such a policy does in fact violate Title VII, because …

Corporate Governance And Bankruptcy, Daniel J.H. Greenwood

Brooklyn Journal of Corporate, Financial & Commercial Law

Ordinary corporate law invests enormous authority in corporate leaders, largely without accountability either to those they govern or to the judiciary, in defiance of much of what we know about effective governance procedure. Instead, we rely on the markets in which the corporation participates as the primary check on incumbent officials. Regardless of whether relying on markets is sufficient in the ordinary course, corporate insolvency is the markets’ verdict that incumbent management has failed. Accordingly, in bankruptcy and insolvency more generally, the law ought to abandon its ordinary deference to the corporate powers that be and instead impose standard good …

Private Benefits Without Control? Modern Chapter 11 And The Market For Corporate Control, Oscar Couwenberg, Stephen J. Lubben

Brooklyn Journal of Corporate, Financial & Commercial Law

Outside of bankruptcy, a board of directors’ decision to take control rights away from existing shareholders and grant them to another is subject to heightened fiduciary duties. As the sale of control represents a kind of end game, shareholders have one last chance to realize the full value for their investment. In such a context, their interests warrant special protection. A similar sale of control can happen in a chapter 11 procedure when a bankruptcy plan revamps the capital structure of the firm. In such a restructuring of the firm, control rights can be newly created, redefined and redistributed to …

If You Climb Into Bed With Your Business Partner, The Court Might Climb In, Too: The Delaware Supreme Court's Cautionary Tale Of Acrimonious Engagement And Corporate Deadlock In Shawe V. Elting, Lauren G. Debona

Villanova Law Review (1956 - )

No abstract provided.

Enforcing Town Councils’ Duties Of Financial Prudence: Problems Addressed By The Town Councils (Amendment) Act 2017, Benjamin Joshua Ong

Research Collection Yong Pung How School Of Law

This article discusses the means by which a TownCouncil’s statutory duties, particularly its duties of financial prudence, maybe enforced. It studies the law as it was prior to 2017 and reveals variousconceptual and practical problems, the result of which was that it was possiblefor a Town Council to fail to perform its statutory duties and face onlyminimal consequences. This article willprovide a background to some of the new statutory procedures introduced in the2017 amendments to the Town Councils Act, which solve the problems from whichthe previous law suffered. It is hoped that this will shed light on the historyof the …

Center-Left Politics And Corporate Governance: What Is The "Progressive" Agenda?, Christopher M. Bruner

BYU Law Review

No abstract provided.

General Characteristic And Features Of Tax Payments By Small Business Entities, B. Normatov

Review of law sciences

The article analyzes small business and its types, the order of taxation for small firms, the types of taxes paid by small businesses and their features.

Innovative Solutions In The Field Of The Institute Of Property Rights And Other Real Rights – The Key To The Liberalization Of The Economy, D. Karahodjaeva

Review of law sciences

This article discloses the views on the essence and significance of property rights and other real rights in the contemporary legal order of a market type in the conditions of development and liberalization of the economy; list of real rights, which are new for the domestic civil legislation and are to find their legislative solution; innovative solutions in this field.

Liability Of The Management Of The Company, M. Kamalov

Review of law sciences

The article considers the issue of liability the officials of the joint stock companies. The issue of liability of business officials is of paramount importance, since it directly affects entrepreneurial activity. The author analyzes the current legislation and the existing deficiencies in law enforcement in the matter of establishing liability. The author draws the conclusion that national legislation requires improvement, taking into account foreign practice and legislation.

Innovative Solutions In The Field Of The Institute Of Property Rights And Other Real Rights – The Key To The Liberalization Of The Economy, D. Karahodjaeva

Review of law sciences

This article discloses the views on the essence and significance of property rights and other real rights in the contemporary legal order of a market type in the conditions of development and liberalization of the economy; list of real rights, which are new for the domestic civil legislation and are to find their legislative solution; innovative solutions in this field.

Liability Of The Management Of The Company, M. Kamalov

Review of law sciences

The article considers the issue of liability the officials of the joint stock companies. The issue of liability of business officials is of paramount importance, since it directly affects entrepreneurial activity. The author analyzes the current legislation and the existing deficiencies in law enforcement in the matter of establishing liability. The author draws the conclusion that national legislation requires improvement, taking into account foreign practice and legislation.

General Characteristic And Features Of Tax Payments By Small Business Entities, B. Normatov

Review of law sciences

The article analyzes small business and its types, the order of taxation for small firms, the types of taxes paid by small businesses and their features.

An Antitrust Approach To Corporate Free Exercise Claims, Ronald J. Colombo

St. John's Law Review

(Excerpt)

This Article suggests that antitrust law’s concept of market power could similarly be employed in balancing the free exercise rights of a corporation or any for-profit business venture against the rights of individuals. When a business enterprise seeks a religious liberty exemption from a rights-granting law, a major factor in assessing its claim should be the degree to which it wields market power in the relevant market. If the business is a monopolist, and, a fortiori, wielding tremendous market power, its claim for a free exercise exemption should probably fail. If, conversely, the business is but a minor marketplace …

Section 5: Business Law, Institute Of Bill Of Rights Law, William & Mary Law School

Supreme Court Preview

No abstract provided.

Holding U.S. Corporations Accountable: Toward A Convergence Of U.S. International Tax Policy And International Human Rights, Jacqueline Laínez Flanagan

Pepperdine Law Review

International human rights litigation underscores the inverse relationship between corporate power and corporate accountability, with recent Supreme Court decisions demonstrating increased judicial protections of corporate rights and decreased corporate accountability. This article explores these recent decisions through a tax justice framework and argues that the convergence of international human rights law and U.S. international tax policy affords alternate methods to hold corporations accountable for violations of international law norms. This article specifically proposes higher scrutiny of foreign tax credits and an anti-deferral regime targeting the international activity of U.S. corporations that use subsidiaries to shelter income and decrease taxation while …

Fiduciary Duties Of Directors Of Insolvent Corporations: A Comparative Perspective, Alessandra Zanardo

Chicago-Kent Law Review

Over the last two decades, in many jurisdictions great emphasis has been placed on directors’ fiduciary duties when a corporation is insolvent or in the amorphous “zone of insolvency”; notably, to investigate whether the directors should continue to promote the best interests of the corporation for the benefits of its shareholders, or whether their duties shift to creditors.

The resolution of this ubiquitous issue will help to answer the following questions: Do creditors have standing to pursue claims for breach of fiduciary duties in the insolvency scenario? And, if they do, is it direct or derivative standing?

This Article will …

Bernard Bronner Order Denying Motion To Strike, Melvin Westmoreland

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.

Robert D. Scarborough, Jr. Et Al., Order On Baker Donelson Defendants' Motion For Judgment On The Pleadings, Elizabeth E. Long

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.

Tara Scott Et Al., Order On Pending Motions, Elizabeth E. Long

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.

Vicarious Charity: Social Responsibility And Catholic Social Teaching, Paula Dalley

Journal of Catholic Legal Studies

(Excerpt)

This Article begins with a brief introduction to the CSR debate. Part II describes the legal role of various human actors in the corporation, and Part III describes the legal restrictions on those actors’ socially responsible, but unauthorized, decisions. Part IV describes in some detail the relevant social teaching of the Catholic Church and explains that it does not apply to corporations or other corporate actors. Part V then describes the appropriate application of Catholic social doctrine to economic actors.