In two related decisions, the Ontario Court has said, resoundingly, that it will respect the corporate veil, even for complicated corporate groups with numerous subsidiaries. Both decisions involve the enforcement of foreign judgments, though appeals...

I’ve devoted several posts to how California’s General Corporation Law deals with fractional shares. Nevada’s approach to fractional shares is somewhat different. For example, Nevada permits rounding up to a full share in all cases. NRS...

The SEC banned the managing member and chief compliance officer of a registered investment adviser from the securities industry for illegal “cherry-picking” investments among the adviser’s managed accounts. The SEC staff uncovered the trades through...

OFAC’s Revised FAQs Regarding Iranian Sanctions: The Impact for Non-U.S. Companies Seeking to Do Business with Iran. On October 7, 2016 the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) revised its Frequently Asked Questions...