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Tag Archives: Corporate

Investor’s Claim under Securities Act Advances (access required)

An investor who thought his $200,000 payment to defendants was buying 40,000 shares in C2 Future stock that would allow expansion of an educational company into Korea, instead of “office expenses for existing schools,”  can sue defendants for an alleged ...

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Pre-Incorporation Signing OK for Disclosure Packet (access required)

Although a homeowners’ association was not incorporated when debtors signed documents acknowledging receipt of the disclosure packet required under the Virginia Property Owners Association Act, the 20-month delay in incorporation did not allow debtors to cancel their agreement to buy ...

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Corporate – Non-Stock Corporation – POAA – Ultra Vires (access required)

Homeowners in Olde Belhaven Towne, which is incorporated as a Virginia non-stock corporation, have stated a claim that defendant property owners’ association’s enactment of a Penalties Resolution to impose fines to enforce use restrictions was an ultra vires act, but ...

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