by Alesandra Greco | Jun 23, 2021 | Blog
Reverse veil-piercing has become a limited means to remedy fraud and injustice between shareholders and corporations. Reverse piercing of the corporate veil occurs when a claimant seeks to hold a corporation liable for the obligations of an individual shareholder.[1]...
by Federico Zepeda | May 26, 2021 | Blog
Credit Suisse informed investors that it would no longer execute transactions for certain cannabis companies with US operations or hold them on behalf of clients back in March.[1] The weed industry is booming, with Cannabis being legal in Canada and a total of 36...
by James Pedersen | May 16, 2021 | Blog
Over the past year, several major players in the pharmaceutical industry have faced severe shareholder scrutiny for misleading the public regarding their roles in the production of COVID-19 vaccines. The company to most recently fall in the limelight is Emergent...
by Matt Roberts | Apr 19, 2021 | Blog
Special purpose acquisition companies, or SPACs, have become the new, go-to structure for taking private companies public. These companies begin as shell corporations listed on public stock exchanges. Often, they report a target area of the market on which they are...
by Radhika Gupta | Apr 12, 2021 | Blog
Private jets, million-dollar compensations and bonuses during COVID-19? When does corporate waste get of hand and becomes actionable? Corporate waste is when exchange is “so one sided that no business person of ordinary, sound judgment could conclude that the...
by Luke Goveas | Mar 1, 2021 | Blog
Shareholder derivative suits are brought by an investor on behalf of the corporation itself. In a derivative case, the plaintiff alleges that the actions of the defendants, typically the company’s officers and directors, have harmed the company and reduced the price...