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(The Center Square) – Attorney General Rob Bonta has filed another lawsuit against the C.C.O.A. Housing Corporation in Los Angeles’ Chinatown, requesting the dissolution of the corporation and ...
Ex-Aryan Brotherhood member turned life coach found guilty of California EDD fraud and perjury. Sharon Bernstein. December 11, 2024 at 10:43 AM.
Step 5: File dissolution papers. Just as business owners filed paperwork with the state to form their LLC, they must file articles of dissolution or a similar document to dissolve the LLC. This ...
In July 1998, an anonymous French whistle-blower told the California Insurance Department that Crédit Lyonnais was the real buyer of the insurance company and controlled it through secret agreements. In early 1999, the California Insurance Department sued the bank and other parties, alleging fraud and seeking $2 billion in restitution. [4]
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
The Supreme Court of California clarified the statute in American Philatelic Soc. v. Claibourne, stating that "the rules of unfair competition" should protect the public from "fraud and deceit". [9] In 1962, a California appellate court reiterated this rule by stating that the UCL extended "equitable relief to situations beyond the scope of ...
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