News

Delaware Supreme Court Holds Receiver is Required to Defend Lawsuits After a Corporation is Wound-Up; Finds No Generally Applicable Statute of Limitation for Claims Against a Dissolved Corporation

By EsqSocial Corporation 12/12/13

In Anderson v Krafft-Murphy Co. Inc., 2013 Del. LEXIS 597 (Del. Nov. 26, 2013), the Delaware Supreme Court held that Sections 278 and 279 of the Delaware General Corporation Law, 8 Del. C. §§ 278-279, require a dissolved corporation to act through a...

Standard Mileage Rates And Annual Fleet Values Change For 2014

By EsqSocial Corporation 12/12/13

The Internal Revenue Service (IRS) has released the 2014 optional standard mileage rates used to calculate the deductible cost of operating a vehicle for business, charitable, and medical or moving purposes and the company fleet maximum valuation...

European Commission Imposes EUR 1.71 Billion Fine for Participating in Illegal Cartels

By EsqSocial Corporation 12/12/13

On December 4, the European Commission announced that it had fined eight international banks a total of more than 1.7 billion for their participation in illegal cartels in markets for financial derivatives covering the European Economic Area....

Lawmakers discuss a constitutional convention, and agree to discuss it some more

By EsqSocial Corporation 12/12/13

About 100 state lawmakers met on Saturday to talk about plans for a constitutional convention. Legislators from 32 states attended the meeting organized by five GOP lawmakers; 34 states would have to call for the convention under the Constitution's Article V, Slate reports.

Wind Power Opportunities in Mexico

By EsqSocial Corporation 12/12/13

With recent developments in the region, the wind is certainly blowing in favour of wind power projects in Mexico. The country’s wind power market has seen remarkable growth; expanding from virtually nothing in 1994, Mexico is poised to cross 1,560 MW...

New Green Standards; Same Green Warnings for Architects & Engineers (law note)

By EsqSocial Corporation 12/12/13

The newest version of the LEED ratings system, LEED v4, has officially been released. For a comparison of the major changes between LEED 2009 and LEEDv4, check out this downloadable form from the USGBC....

Act Now Advisory: Illinois's New Firearm Concealed Carry Act Requires Action Now by Employers

By EsqSocial Corporation 12/12/13

Earlier this year, Illinois passed the Firearm Concealed Carry Act ("Act"), which generally allows individuals to carry concealed guns in Illinois as long as they have a license to do so. The Illinois State Police will start making "concealed carry"...

Virginia Supreme Court Clarifies the Law on Defamation

By EsqSocial Corporation 12/12/13

On October 31, 2013, the Virginia Supreme Court published its opinion in Cashion v. Smith, et al. This opinion provides invaluable guidance on the elements of and defenses to defamation claims....
By: Sands Anderson PC

[Video] Bill on Bankruptcy: Detroit Falls Short on Good-Faith Test

By EsqSocial Corporation 12/12/13

Dec. 12 (Bloomberg) -- Although Detroit was found eligible for municipal bankruptcy, the judge said the city came up short of conducting required good-faith negotiations, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill...

Employment Law Advisory: Company-Sponsored Holiday Celebrations: Avoid the Obvious Risks

By EsqSocial Corporation 12/12/13

As the holiday season reaches its peak, company-sponsored holiday parties, and the risks that arise with them, are ubiquitous. Each year, company-sponsored holiday parties result in incidents that prompt claims against the sponsoring employers,...

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