Search results
Results From The WOW.Com Content Network
Champerty and maintenance are doctrines in common law jurisdictions that aim to preclude frivolous litigation: Maintenance is the intermeddling of a disinterested party to encourage a lawsuit . [ 1 ] : 260 It is: "A taking in hand, a bearing up or upholding of quarrels or sides, to the disturbance of the common right."
Trevor v Whitworth (1887) 12 App Cas 409 is a UK company law case concerning share buybacks. It held they were unlawful. The case is often used in support for the Capital Maintenance Rule. The rule coming from the case itself has since been reformed by statute in several commonwealth countries.
The term shareholder value, sometimes abbreviated to SV, [1] can be used to refer to: . The market capitalization of a company;; The myth that the primary goal for a company is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the stock price to increase (i.e. the Friedman doctrine introduced in 1970);
In re Exchange Banking Company or Flitcroft's case (1882) LR 21 Ch D 519 [1] is a UK company law case concerning the payment of dividends.It was decided when the law required that dividends should only be paid out of a company's profits, although the courts deferred to company directors to define their own rules for determining when that was so.
Gregory v. Helvering, 293 U.S. 465 (1935), was a landmark decision by the United States Supreme Court concerned with U.S. income tax law. [1] The case is cited as part of the basis for two legal doctrines: the business purpose doctrine and the doctrine of substance over form.
The taxpayers classified this payment as an ordinary business loss, which would allow them to take a greater deduction for the loss than would be permitted for a capital loss. [1] The "Arrowsmith Doctrine" is a principle of United States Federal Income tax law that holds that financial restorations associated with prior income items take the ...
The doctrine of constructive receipt is often used in combination with the doctrine of cash equivalence in order to determine the timing of receipt of income items. A constructive receipt issue arises when the taxpayer has not actually received the income, and the issue is whether the income is substantially available to the taxpayer such that ...
European company law is the part of European Union law which concerns the formation, operation and insolvency of companies (or corporations) in the European Union.The EU creates minimum standards for companies throughout the EU, and has its own corporate forms.