A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.
The company and Davis were the subject of litigation resulting from a 2007 Illinois Supreme Court decision. In Dowling v. Chicago Options Associates, plaintiff Brian Dowling successfully sued the company (and Davis), winning a judgement of US$817,830.45 from both defendants. Davis tried to shield his assets by transferring funds to a law firm, DLA Piper, which had assisted him in buying a home in Florida. During this representation, Davis paid a retainer of $100,000 to DLA Piper; Dowling maintained that he was owed this money. Although the circuit and appellate courts agreed with Dowling, the Illinois Supreme Court reversed and found with DLA Piper. The Illinois State Bar Association and Chicago Bar Association filed amicus curiae briefs in the case, favoring the law firm's position. This decision by the Illinois Supreme Court was the first time the concept of "advance payment retainer" was recognized in the state, and the court codified its ruling into a 2009 regulation affecting legal practice in Illinois. (Full article...)
Image 1The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
Image 830 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
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Delrina Corporation was a Canadian software company active from 1988 to 1995. The company was best known for WinFax, a software package which enabled computers equipped with fax modems to transmit copies of documents to standalone fax machines or other similarly equipped computers. It also sold PerForm and FormFlow, electronic form software. Delrina was acquired by the American software firm Symantec in 1995.
Their sweepstakes has been subject of legal actions regarding whether consumers were misled about the odds of winning, and whether purchases increased their chances. By 2010, the company had reached settlements with all 50 states, and in 2023 the Federal Trade Commission ordered PCH to overhaul its sweepstakes processes. (Full article...)
...that Jayco, the largest privately held manufacturer of recreational vehicles(collapsible model pictured) in North America, has mostly Amish and Mennonite employees?
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