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Perhaps New Jersey's corporate business tax surcharge won't be dead on arrival this December after all. It could survive to help NJ Transit.
A breakup fee (sometimes called a termination fee) is a penalty set in takeover agreements, to be paid if the target backs out of a deal (usually because it has decided instead to accept a more attractive offer). The breakup fee is ostensibly to compensate the original acquirer for the cost of the time and resources expended in negotiating the ...
Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $350 fee if the customer breaks the contract ...
Voluntary liquidation occurs when the members of a company resolve to voluntarily wind up its affairs and dissolve. Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already). [17]
A top business lobbyist in New Jersey floated a sales tax increase as an alternative to the controversial corporate transit fee that Gov. Phil Murphy has proposed to help beleaguered NJ Transit ...
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Dissolution of a partnership is the first of two stages in the termination of a partnership. [1] "Winding up" is the second stage. [1] [2] Dissolution may also refer to the termination of a contract or other legal relationship; for example, a divorce is the dissolution of a marriage only if the husband or wife does not agree. If the husband and ...
[1] [3] Business courts (which are often business programs or divisions within existing trial level courts) are operating (as of October 2024) in New York County/Manhattan, and 10 other jurisdictions throughout New York State as the New York Supreme Court Commercial Division, Chicago, North Carolina, New Jersey, Philadelphia and Pittsburgh ...
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