Oppression and alternative remedies-Is the forced buy-out under 12.56(f) wise policy?By Charles W. MurdockApril 2005The 1983 Illinois Business Corporation Act ("BCA") as enacted, provided, in section 12.55 (805 ILCS 5/12.55), three alternative remedies in lieu of dissolving the corporation that a court could order in a deadlock or oppression or waste of assets situation.
SEC simplifies Securities Act registration procedures and modernizes issuer CommunicationsBy Robert J. WildNovember 2005The Securities and Exchange Commission adopted significant changes to the securities registration and offering processes under the Securities Act of 1933 (the “Securities Act”). Release No. 33-8591 dated July 19, 2005, available at http://sec.gov/rules/final/33-8591.pdf
Small business afforded streamlined processing under Chapter 11By Michael J. ChmielApril 2005Under the United States Bankruptcy Code,1 just about any person (i.e., company, corporation, individual, partnership, etc.) can pursue debt relief under Chapter 11, which provides for reorganization and/or liquidation.
