Tag Archives: Corporate

Demurrers to investors’ claims sustained (access required)

Where plaintiff investors in a failed maternity clothing company sued the company and its two founders, the individual defendants’ demurrers to plaintiffs’ claims are sustained. Plaintiffs are granted leave to amend their complaint. Background Evans and Wilson were co-founders of ...

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Shares valued in corporate stock buyout (access required)

Where defendant elected to purchase plaintiff’s shares in lieu of dissolution in this corporate dispute, the court declines to use a revenue determination from defendant’s expert because it is based on unreliable data. The revenue determination from plaintiff’s expert will ...

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Diversity on corporate boards: a tortuous path (access required)


By Stephen M. Honig BridgeTower Media Newswires “Strength lies in differences, not in similarities.” — Stephen R. Covey “Diversity” in business means variance in gender, race, ethnicity, age, disability and experience. Few goals are more discussed, and yet so unachieved, ...

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Bylaw change cannot redefine minority shareholder protection (access required)

Corporate directors cannot avoid obtaining minority shareholder approval to sell a company by amending its bylaws to redefine a statutory safe harbor provision. The statutory provision is designed to protect minority shareholders when a sale would leave the company without ...

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Important Opinions January – December 2018 (access required)


The “Important Opinions” that appear each week on the front page of Virginia Lawyers Weekly are those chosen by our editors as the most likely to impact law practice or a given subject area of law. Below is a listing, ...

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EDVA: No sovereign immunity for tribal lending companies (access required)

In a suit alleging usurious loans, two online-lending companies created by Chippewa tribal leaders failed to prove by a preponderance of the evidence that they were entitled to sovereign immunity as arms of the tribe. Background The Lac Vieux Desert ...

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Va. Cir.: GMU Foundation not a public body subject to VFOIA (access required)

The George Mason University Foundation Inc. is an independent corporate entity whose records are not subject to freedom-of-information requirements, even if the records relate to funds used to support the University, itself a public body. Nonetheless, the University’s Gift Acceptance ...

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