![]() and senior housing providers, hospitals, blood banks and clinical laboratories. This paper will be published together with other papers prepared for the group in both English and German in a free standing volume. Matthew Murer is an attorney in the health care operations practice. If it was not for the Facebook group, my husband and I would have NO idea where to turn for help. May had to bring this item to the table for discussion. I watched the commissioners’ meeting today and noticed Mr. He gives strong and note worthy advice that makes an impact. That group currently has 64 individuals who were also defrauded by Matt Banks or his brother-in-law, Jesse LaCoste. He is attentive and cares about your needs. The group was formed to study the abolition of legal capital rules as contemplated by the Commission of the European Union under the Second Directive on Company Law. Matthew Banks (855) 684-6876 Message Website Contact info Very attentive and cares Posted by Kate AugDuring your primary phone call with Attorney Banks, expect to immediately feel comfortable with his advice. This paper was written at the request of the Working Group on Legal Capital in Europe, a group of German legal scholars chaired by Professor Marcus Lutter of the University of Bonn. I do not address any industry-specific capital rules such as those relating to banks, brokers, or insurance companies. These include federal securities law, fraudulent transfer statutes, bulk sale statutes, veil piercing doctrine, successor liability doctrine, fiduciary duty doctrine relating to corporations operating on the edge of insolvency, and a variety of corporation statutes relating to particular transactions such as sales of assets and dissolution. Third, I describe the various rules that have taken the place of the legal capital rules in the United States. In addition, I will describe the rules as currently set forth in the MBCA. Second, I describe and analyze the legal capital rules currently in force in the major commercial jurisdictions, including Delaware, New York, and California. Although these rules have been de-emphasized in recent years, particularly in the Model Business Corporation Act (MBCA) and the states that follow it, the legal capital rules remain on the books of numerous states and continue to be litigated from time to time. First, I outline the history and evolution of legal capital rules in the United States. Thus, I refer here to the rules relating to these matters as legal capital rules. Traditionally, the amount of capital that must be contributed to and maintained by a corporation is called the legal capital of the corporation. In other words, the paper addresses the provisions of corporation law relating to (1) the obligation of investors to contribute to the corporation a specified amount of capital and (2) the obligation of the corporation to maintain a specified amount of capital (and not to pay it back to the stockholders in the form of dividends or payments to repurchase or redeem shares). This paper focuses on corporation law in the United States as it relates to capital contributions and capital maintenance.
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