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III Juridical Entities: B. Shareholders (Sec 9)

Wednesday, March 14th, 2007

(9.) Shares
A company may have different classes of shares of divided interests.  These shares may have varying rights as to income and capital of a company both during operation and during liquidation.  The shares or interests of a member in a company shall be part of their personal estate and transferable [...]

III Juridical Entities: B. Shareholders (Sec 10)

Tuesday, March 13th, 2007

10.)     Share capital
The share capital of a company is fixed at the time of its incorporation and must be stated in its Memorandum and Articles of Association. However, a company may by special resolution, as long as its articles permit, amend its share capital in any of the following ways:

Make [...]

Former Mayor and Governor of Brazil indicted in New York on money laundering Charges

Monday, March 12th, 2007

New York City prosecutors have indicted and brought charges against a leading Brazilian political figure on corruption and money-laundering. Former Governor Pualo Maluf was indicted last week. He’s accused of stealing public money and moving that through several different corporations and trusts in offshore bank accounts.
He is also accused of having [...]

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