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Corporate

Apr 4, 2012

Corporate – Limited Liability Company – Tort/Negligence – Personal Liability – First Impression

16 Jade Street, LLC v. R. Design Construction Co. Even though S.C. Code Ann. § 33-44-303 appears to insulate a member of a limited liability company from personal liability for his own torts, the General Assembly did not intend to enact such a sweeping liability shield.

Dec 27, 2011

Corporate – Tort/Negligence – Fraud — Investor – Individual Lawsuit – Derivative Shareholder Claim

Rivers v. Wachovia Corp. An investor who suffered losses in 2007 when his 100,000 shares of Wachovia stock plunged from $56.65 per share price to below $1 cannot bring an individual suit based on defendant corporate officers’ alleged fraud about Wachovia’s financial health; the 4th Circuit says the investor does not qualify for any exception to the general rule that plaintiff must use[...]

Jul 12, 2010

Corporate – Dissolution – Accounting – Accounts Payable to Shareholders – Financial Statements – Timber Corporation

Dissolution - Accounting - Accounts Payable to Shareholders - Financial Statements - Timber Corporation

May 31, 2010

Corporate – Valuation – Income Approach – Excessive Salaries – Failure to Consider

Valuation - Income Approach - Excessive Salaries - Failure to Consider

May 18, 2009

Corporate – Securities Fraud – 'Market Timing' – Prospectus Statements

Securities Fraud - 'Market Timing' - Prospectus Statements

Apr 27, 2009

Corporate – Corporate Opportunities – Misappropriation Allegation – Profit Distributions

Corporate Opportunities - Misappropriation Allegation - Profit Distributions

Feb 23, 2009

Corporate – Real Property Development – Sale Proceeds – Expenses – Evidence Ruling – Interest & Attorney's Fees

Real Property Development - Sale Proceeds - Expenses - Evidence Ruling - Interest & Attorney's Fees

Feb 9, 2009

Corporate – LLC Dissolution – Improper Valuation -Damages

LLC Dissolution - Improper Valuation -Damages

Dec 22, 2008

Corporations – Nonprofit — Improper Conduct — Board Members — Expert Witness

Nonprofit -- Improper Conduct -- Board Members -- Expert Witness

Dec 15, 2008

Corporate – SOX Whisteblower Claim — Fraud — Billing Discrepancy

SOX Whisteblower Claim -- Fraud -- Billing Discrepancy

Dec 15, 2008

Corporate – SOX Whistleblower — Attorney's Fees — Rule 68 Offer

SOX Whistleblower -- Attorney's Fees -- Rule 68 Offer

Aug 18, 2008

Corporate – Sarbanes- Oxley Act – Whistleblower – Bank Accountant

Sarbanes- Oxley Act - Whistleblower - Bank Accountant

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