Topic
Dividends
88 published works
La Revue
Distributions to European parent companies
Instruction 4 C-7-07 of 10 May 2007
Securities Law Prof Blog
Temple-Inland Announces Special Dividend
Temple-Inland announced that it has borrowed $2.14 billion and plan to use the proceeds to pay a special dividend of $10.25 per share (about $1.1 billion), reduce debt by $700…
Securities Law Prof Blog
Charles Schwab Plans Cash Distribution
Charles Schwab Corp. plans to distribute $3.5 billion to its shareholders in a stock buyback and one-time dividend. It will pay up to $22.50 per share (about 10% above market…
Georgia Bankruptcy Blog
Southern District Of New York Interprets Section 14-2-640 Of Georgia Business Corporation Code
By Sunghee Sohn
By: Scott B. Riddle, Esq. Deutsche Bank A.G. London Branch v. Worldcom, Inc. (In re Worldcom, Inc.), 2006 U.S. Dist. LEXIS 92729 (S.D.N.Y. December 21, 2006). The plaintiff filed proofs…
Pension Risk Matters
California Dreaming: Pension Bill Fails
A recent legislative attempt in California has apparently caused quite a stir. Assembly Bill (AB) 2122 sought to preclude companies from paying dividends to shareholders before satisfying pension obligations and…
The Retirement Plan Blog
They call it “Pension Reform”
By Jerry Kalish
Susan Mangiero in her Pension Risk Matters blog writes about a recently introduced bill in California that would prohibit a company from paying out dividends or buying back shares until…
Pension Risk Matters
Dividends, Pensions and California Chaos
According to CFO.com, the State of California may soon prohibit a company from paying out dividends or buying back shares until all required defined benefit plan payments have been made.…
Delaware Corporate & Commercial Litigation Blog
Preferred Stock has No Right to Dividends
The Delaware Supreme Court affirmed the Chancery Court in ruling that the holder of preferred shares has no absolute right to dividends, in Shintom Co., Ltd. v. Audiovox Corporation, download…