Examlex
A related organization is a contractual arrangement whereby two or more participants agree to carry out a common activity and share its risks and rewards.
Logging Operation
The process of cutting down trees, removing them from the forest, and transporting the logs to be processed into lumber or other wood products.
Shareholders Agreement
A contract among the shareholders of a company detailing their rights, obligations, and the management of the company.
Salomon v. Salomon
A foundational company law case from the UK, establishing the principle that a corporation has a separate legal personality, distinct from its shareholders.
Secured Creditor
A creditor that has a legal claim, or lien, on collateral that secures loan repayment.
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