Tag Archives: Reverse

Shareholders of parent in reverse triangular merger lack appraisal rights

By Anne Sherry, J.D. The Delaware Court of Chancery held that the state’s corporation law does not provide appraisal rights to shareholders of the parent of a party to a merger, as the parent is not a “constituent corporation.” Furthermore, … Continue reading

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Case Notes: Piercing the Corporate Veil – Traditionally and Reverse Piercing

Rector, Executor of Est. of James Calvert vs. Calvert, Executrix of Est of James Calvert COA Not Published (6/1/2018) Reverse piercing of the corporate veil was raised in this appeal.  To reach that issue, traditional piercing was examined.  Here are … Continue reading

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Michigan Supreme Court Refuses To Reverse Injunction Against Private School Aid

In Council of Organizations and Others for Education About Parochiaid v. State of Michigan,  (MI Sup. Ct., March 9, 2018), the Michigan Supreme Court in a brief order denied leave to appeal a preliminary injunction issued by the Court of … Continue reading

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HUD’s Recent Changes to HECM Reverse Mortgages are Positive, Although Some Will Find it Harder to Qualify

Last fall, HUD announced changes to the Home Equity Conversion Mortgage (HECM) program that took effect as of October, 2017.  HECMs are only available to homeowners over age 62 and are commonly referred to as “reverse mortgages.”  The media widely … Continue reading

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IRS Policy Targets U.S. Passports: Congress Should Reverse It | National Review

The U.S. government is building the world’s largest debtors’ prison: the United States. Beginning this month, the Internal Revenue Service will begin denying passports to some American citizens with unpaid taxes and, in some cases, revoking the passports of Americans … Continue reading

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