Wills and Trust Gem of the Day

Children's Rights under Intestate Succession

Non-Marital Children

Kinder to kids born out of wedlock now

Can inherit from mom, weird rules about dad

Basically have to show that dad is your dad and has been your dad in the sense of the dad word dad

... this must be truly funny only to me.

Yet another tid bit from my corporations notes

Note on No-Action Letters Interpreting Rule 14a-8

if management believes a shareholder proposal may be properly excluded from the the corporation's proxy statement under rule 14a-8, it must submit to the SEC staff a statement of the reasons why it deems omission of the proposal to be proper. If the Staff agrees with management's statement, it sends management a no-action letter

essentially this means that if the proposal is excluded, the SEC isn't going to show up on boats and wreck your retirement party.

So, again, the lack of updates is sad.

But I have another collection of sweet note taking gems from my law school notes! Because I have to make this crap interesting somehow:

Corporations:

Asset-Based Defensive Strategies

***

Pac-Man Defense: A wants B, B turns around and is all FUCK YOU IMMA BUY YOUR SHIT MOTHERFUCKER

Internal Corporate Governance

As part of corporation's internal governance documents, they must indicate the number of shares the initial board is allowed to sell. This prevents the board from issuing share after share after share and diluting the overall value. Once the board has issued these shares, it cannot issue anymore, and if they want to sell MORE they have to go so the stockholders and say "Yo, let's sell more shares, dudes." and the shareholders must reply "Word, get on that shit."