by Jason M. Gordon | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is a Public-Private Partnership?Public-private partnerships involve collaboration between a government association or institution and a private-sector firm or company to finance, build, or manage certain projects, such as public transportation networks, parks,...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Public Limited Company? A public limited company is the legal status of any firm which has offered shares for purchase to members of the general public through an initial public offering or direct public offering. Shareholders of a Public Limited Company...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Proxy Statement? A proxy statement refers to a document which contains some of the information which the Securities and Exchange Commission (SEC) requires businesses to offer to shareholders to enable them to make decisions via a wide range of available data...
by Jason M. Gordon | Feb 23, 2025 | Inheritance, Estates, and Trusts
What is an Irrevocable Trust? In an irrevocable trust, the terms and conditions of the trust cannot be changed, amended, or terminated without the order or permission of the grantors beneficiary or named beneficiaries. In such a trust, the grantor legally transfers...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is the Investment Advisers Act of 1940?The Investment Advisers Act of 1940 is a U.S. federal law that was drafted 11 years after the stock market crashed in 1929, and around the season of the Great Depression. This law describes the roles and responsibilities of...