Transfer agents can find themselves in a difficult position when it comes to removing restrictive legends on stock certificates. On the one hand, the Securities and Exchange Commission may take enforcement action against transfer agents who...
Judge Finds That Transfer Agent's Failure To Remove Restrictive Legend May Be Actionable
Posted on June 27, 2019
Should One-A-Day Be Once-A-Day?
Posted on September 10, 2018
Miles Laboratories pioneered the concept of daily dosing of multivitamins and minerals in the 1940s with the introduction of its One A Day brand. Now owned by Bayer AG, the brand encompasses a suite of vitamins for targeted at men, women and...
Why Not All Purchasers Are Buyers
Posted on July 25, 2017
Modern English is partially the product of an unnatural grafting of French onto Old English. It is for this reason that we often find two words for nearly the same thing. Thus, we call the animal a cow but the food beef. The barnyard term is Old...
When "The Check Is In The Mail" Extinguishes A Debtor's Obligation
Posted on July 18, 2017
Most creditors likely assume that they have not been paid unless and until they receive checks from their debtors. In many cases that assumption may be correct, but in some cases it won't be. Section 1476 of the California Civil Code provides:
