On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, March 3, 2011. Talks over a potential merger of online news and opinion pioneer Salon.com with a news aggregation site called Newser.com have foundered. Salon had let it be known in recent months that it was willing to become a target for acquisition. Talks with Newser […]
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, March 1, 2011. A key issue in business formation and planning that goes beyond what form a business should take, is where a business will choose to incorporate. Delaware is a popular choice of state for incorporation. Delaware has a reputation for having favorable corporate laws and a business-savvy judiciary […]
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, February 16, 2011. The publicly-traded real estate company St. Joe said earlier this week that it is going to enact a new shareholders’ rights plan to put off potential takeover plots by Fairholme Capital Management. Fairholme currently owns thirty percent of St. Joe. The “poison pill,” to put […]
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Sunday, February 6, 2011. Last week KB Home, based in Los Angeles, said the company could potentially be forced to pay $180 million plus attorney fees in a bankruptcy case involving a joint venture project. The joint venture, South Edge LLC, was behind homebuilding projects in Las Vegas […]
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, January 26, 2011. New regulations adopted by the Securities and Exchange Commission will require companies to hold nonbinding shareholder votes on executive pay packages. Shareholders will thus have readier access to a method of getting the full attention of a company’s board of directors. The so-called “say […]
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, November 19, 2010. According to a new Labor Department report, fewer entrepreneurs are starting new businesses, dimming prospects for growth in employment. The Wall Street Journal reports that in the early stages of the national economic recovery, more businesses are closing than opening. However, new business entities generated […]