Corporate & Commercial

William Romanowski is a former NFL linebacker who later became the majority shareholder, director, and “public face” of Nutrition 53, Inc.  When the company’s second largest shareholder was allegedly denied inspection of the corporate records, it sued the company and Mr. Romanowski for breach of fiduciary duty and violation of California’s shareholder inspection statute – Corporations Code Section 1601.   Earlier this month, U.S. District Court Judge John A. Mendez dismissed both causes against Mr. Romanowski. …
Before the coronavirus pandemic began, it was estimated that around 4.6 million people in the UK worked from home. Despite being in the millions, this represented just 14% of the country’s 32.6 million workforce. Figures from market and consumer data analyst, Statista, show a steady rise in home working over the last few years, growing by 1.69 million since 1998. Fast-forward to 2021 and the ‘WFH’ landscape has changed exponentially, with a reported 60%…
A legal contract outlines the obligations of each party to the contract. Each party to the contract relies upon the other for the fulfillment of obligations under the contract. For instance, an independent contractor agreement requires the independent contractor to fulfill his or her obligations on an agreed task or role. The company pays the independent contractor when he or she fulfills the role or task obligations. In cases where either party violates any provision…
As a relative newcomer to fintech, and with limited experience working with peer-to-peer lending (P2P Lending), I thought that the scope of such lending was similar to crowdfunding. Individuals could go to a P2P Lending website, lodge a request for loans, and be matched with individual lenders. I didn’t realize that the concept of P2P […] The post Interest Rates for P2P Lending in Vietnam appeared first on ‎Vietnamese Law Blog | Indochine Counsel.…

Corporate & Commercial Blogs