securities

absolute-bar rule

The absolute bar rule prohibits a creditor who disposes of collateral in a commercially unreasonable manner from obtaining a deficiency judgment.

For example:

§ 9-610 of the Uniform Commercial Code (UCC) codifies the...

accelerated filer

Accelerated filer is a class of reporting company which has shorter deadlines to file their periodic reports.

Securities and Exchange Commission (SEC) Rule 12b-2 establishes the requirements that a company must satisfy to...

accession

Accession is prominent in two legal practice areas; trusts and estates, and secured transactions.

Accession in trusts and estates law are assets produced by a devised asset after the execution of a will. For example, ordinary...

accredited investor

Under federal law, an accredited investor is a special kind of investor that due to certain special circumstances or qualities - as the ones indicated in Rule 501 of Regulation D - is allowed to purchase or be offered to purchase unregistered...

accumulated earnings

Accumulated earnings represent a company’s net profit after having distributed dividends to the stockholders. It is often used in accounting to determine how much net profits a company has left after having paid dividends. To calculate...

adverse domination

The doctrine of adverse domination allows the statute of limitations on a claim for breach of fiduciary duty against directors and officers of a corporation to be tolled until the corporation is no longer controlled by the alleged wrongdoers. This...

AI washing

AI washing occurs when companies claim to be using artificial intelligence (AI) technology to enhance their services, but in fact are not. In March of 2024, two investment advisors paid $400,000 in civil penalties “for making false and...

alter ego

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers,...

angel investor

An angel investor is an individual investor—often a high net worth individual—who provides capital for emerging growth companies, typically in exchange for either ownership equity or convertible debt. Angel investments often represent the...

anti-greenmail provision

An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.

Greenmail payments refer to payments made by a corporation to buy out the...

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