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Holding Company
A holding company is a company that owns part, all, or a majority of other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. In the U.S., 80% or more of voting stock must be owned before tax consolidation benefits such as tax-free dividends can be claimed.
Sometimes a company intended to be a pure holding company identifies itself as such by adding "Holdings" or "(Holdings)" to its name, as in Sears Holdings.
Company Files Defamation Action Against Patent Holding Company
Cognex Corporation v. VCode Holdings, Inc. (a.k.a. Acacia), No. 06-cv-01040, (D. Minn.)Cognex has established a reputation for aggressively defending itself against patent infringement from holding companies...
D.C. District Court Unleashes On Patent Holding Company
In Re Pabst Licensing GMBH & Co. KG Litigation, District Court For the District of Columbia, May 6, 2008, Misc. Action No...
Goldman Sachs To Become The Fourth Largest Bank Holding Company
News release: "The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will become the fourth largest Bank Holding...
Genworth Files for Savings and Loan Holding Company Status
Genworth Financial Inc. (GNW: 1.5384 +4.65%) announced Monday it had filed for a savings and loan holding company status with the Office of Thrift Supervision...
Real property not transferred to a trust passes with stock of a holding company
The testator?s will poured over the residue of his estate to his lifetime trust which directed the trustee to distribute to named persons certain parcels of real property owned by a corporation of which the testator was sole shareholder...
Holding Company Subject to Personal Jurisdiction Based on Subsidiary's Conduct
One avenue to obtaining personal jurisdiction over a non-resident defendant is to assert the familiar "stream of commerce" theory of long-arm jurisdiction: the foreign party purposefully shipped the accused product through established distribution channels, thereby causing injury in the forum...
Can collection agency call me for my mother debt that she never had?
Get an Attorney - quickly. Do not talk to the collection people. Do not tell the...
Can I sue my employer for creating a hostile work environment and lying about my work performance to get me to quit?
How does the owner of the business feel about all of this? I suggest that you tr...
How can i sue for a straw purchase?
Anyone can co-sign. A straw purchase would be if you has someone buy the car for...
Can a creditor/collection agency call other employees at your place of work AND call your adult children who live in another state?
A creditor can call you at home, several times a day if you aren't answerin...
Is it legal for a company to overwork their employees?
Well, he could 1. Get a new job. Sister, I understand ya, if he's anything ...
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Can collection agency call me for my mother debt that she never had?
Get an Attorney - quickly. Do not talk to the collection people. Do not tell the...
Can I sue my employer for creating a hostile work environment and lying about my work performance to get me to quit?
How does the owner of the business feel about all of this? I suggest that you tr...
How can i sue for a straw purchase?
Anyone can co-sign. A straw purchase would be if you has someone buy the car for...
Can a creditor/collection agency call other employees at your place of work AND call your adult children who live in another state?
A creditor can call you at home, several times a day if you aren't answerin...
Is it legal for a company to overwork their employees?
Well, he could 1. Get a new job. Sister, I understand ya, if he's anything ...
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