Even if you and your co-parent have documented a comprehensive, all-inclusive agreement, the document has no purpose if both parents do not make a concerted effort to follow it. Give your children and yourselves a leg-up in the world by adhering to all agreed-upon elements right from the start. If you need additional help in…
Next, you’ll want to ensure you follow some best practices around contracts and sales proposals. Redemption agreements govern the terms of a Corporations purchase of their own stock from a shareholder, investor, or employee. Use this redemption agreement template to outline the processes, responsibilities, and assurances related to any redemption of corporate shares. We’ve put…
A shareholders agreement often provides that a departing director who owns shares must offer his shares to the other shareholders at a specified price. A pre-emption procedure means that the other shareholder must first offer his shares for sale to you (and the other shareholders) before selling to any third party. Another method is specific…
Procedural unconscionability deals with how the arbitration agreement was formed. What was the bargaining power of the parties? There are limits that courts have imposed on the manner in which the employee is made to “agree” to arbitration. Factors which courts have considered in determining whether an arbitration agreement is procedurally unconscionable include: Hiring someone…
ASEAN has entered into a number of free trade agreements with other Asian nations that are now radically altering the global sourcing and manufacturing landscape. It has a treaty with China, for example, that has effectively done away with reduced tariffs on nearly 8,000 product categories, or 90 percent of imported goods, to zero. These…
The Shimla agreement was signed in order to enable good, and neighbourly, relations between India and Pakistan; giving up conflicts and focussing on the establishment of long-lasting friendship, peace and cooperation between them. The Simla Agreement, or Shimla Agreement, was signed between India and Pakistan on 3 July 1972 in Shimla, the capital city of…
In case the consideration or the object of the agreement is unlawful, it is fraudulent in the eyes of law. However, the court has observed certain exceptions in various precedents and has laid focus on various occasions over the phrase pacta convent quae neque contra leges neque dolo mall inita sunt omnimodo observanda sunt. Every…
For these purposes, a UK financial institution is a UK-incorporated bank, building society or investment firm authorised by the PRA and (if there is one) its UK-incorporated parent financial holding company or parent mixed financial holding company. A subsidiary of a UK financial institution must also comply with the stay recognition requirement if it is…
The EU has preferential trade agreements with about 70 countries worldwide.[1] These countries represent nearly 32% of the EUs external trade.[2] Maliszewska M, Z. Olekseyuk and I. Osorio-Rodarte, March 2018, Economic and distributional impacts of comprehensive and progressive agreement for trans-pacific partnership : the case of Vietnam. Washington, D.C. : World Bank Group. Deep trade…
In Nevada, you cannot file articles of dissolution until all remaining business liabilities are satisfied. In other states, like Michigan, you must apply for and receive a tax clearance certificate within 60 days after filing for termination of the business. LLC ownership transfers are more complex than transfers for a corporation, especially when the LLC…