Dissolution (law)

In law, dissolution has multiple meanings.

Dissolution is the last stage of liquidation, the process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed.

Dissolution of a partnership is the first of two stages in the termination of a partnership.[1] "Winding up" is the second stage.[1][2]

Dissolution may also refer to the termination of a contract or other legal relationship; for example, a divorce is the dissolution of a marriage.

Dissolution is also the term for the legal process by which an adoption is reversed. While this applies to the vast majority of adoptions which are terminated, they are more commonly referred to as disruptions, even though that term technically applies only to those that are not legally complete at the time of termination.

In international law, dissolution (Latin: dismembratio) is when a state has broken up into several entities, and no longer has power over those entities, as it used to have previously. An example of this is the case of the former USSR dissolving into different republics.

References

  1. ^ a b Kubasek, Nancy; Browne, M. Neil; Heron, Daniel; Dhooge, Lucien; Barkacs, Linda (2016). Dynamic Business Law: The Essentials (3d ed.). McGraw-Hill. p. 443. ISBN 9781259415654.
  2. ^ Slides 11-17 of Powerpoint for Chapter 21 from McGraw-Hill from 2nd Ed. of Kusabek
Establishment

Establishment may refer to:

The Establishment, the dominant group or elite holding effective power or authority in a society

The Establishment (club), an English satire club of the 1960s

The Establishment (comics), a comic book produced by Wildstorm

Establishment Clause of the First Amendment to the United States Constitution, forbidding Congress from establishing a religion

Establishment of a state religion ("established church"), the endorsement of a church by a nation's government

Freedom of establishment, the right of EU nationals to establish themselves economically in any member state of the Internal Market (European Union)

Establiments, a residential district in the Balearic Islands

ESTABLISHED, a Transmission Control Protocol connection state

Heller Ehrman

Heller Ehrman LLP was an international law firm of more than 730 attorneys in 15 offices in the United States, Europe, and Asia. Heller Ehrman was founded in San Francisco in 1890 and had additional offices located in most of the major financial centers around the world including New York City, Los Angeles, Washington, D.C., London, Beijing, Hong Kong and Singapore.In September 2008, the firm encountered troubles after losing 15 intellectual property (IP) partners to Covington & Burling, which led to the collapse of merger talks with Mayer Brown on 14 September 2008. Including the above 15, a total of 50 partners had left the firm in 2008.

One anonymous legal market expert said the exit of the IP partners could constitute a default in Heller’s line of credit with its bank, effectively triggering liquidation.On September 25, 2008, the firm confirmed its dissolution would occur on November 28, 2008. The firm filed a voluntary petition for chapter 11 bankruptcy for protection in the United States Bankruptcy Court for the Northern District of California on December 28, 2008.Following the firm's bankruptcy, the firm's trustee had a dispute with the firm's former partners as to whether the firm or the individual partners are entitled to revenue from client matters pending at the time of bankruptcy. The dispute reached the California Supreme Court in 2016.

Index of law articles

This collection of lists of law topics collects the names of topics related to law. Everything related to law, even quite remotely, should be included on the alphabetical list, and on the appropriate topic lists. All links on topical lists should also appear in the main alphabetical listing. The process of creating lists is ongoing – these lists are neither complete nor up-to-date – if you see an article that should be listed but is not (or one that shouldn't be listed as legal but is), please update the lists accordingly. You may also want to include Wikiproject Law talk page banners on the relevant pages.

Scientology in France

The Church of Scientology of France is organized as a group of secular nonprofit organizations. France is a secular state, which protects the rights of citizens to practice their religion. Although citizens can form religious associations based on the 1905 French law on the Separation of the Churches and the State, which grants certain benefits, the Church of Scientology of France is instead organized into secular associations based on a 1901 law regarding nonprofit groups.A 1995 parliamentary report lists Scientology as a cult, which has since been under the watch of MIVILUDES and its predecessors (Observatoire interministériel sur les sectes and interministérielle de lutte contre les sectes). In its 2006 report MIVILUDES classified Scientology as a dangerous cult.Seven officials from the Church of Scientology in France have been convicted of crimes such as embezzlement, and contribution to suicide.

State of East Sumatra

The State of East Sumatra (Negara Sumatera Timur) was established by the Netherlands after the reoccupation of North Sumatra in July, 1947, during the first of the Dutch "police actions" against the fledgling Republic of Indonesia. In 1949, as part of a peace deal that concluded the Indonesian National Revolution, it joined the United States of Indonesia, of which the Republic was also a component state. In August, 1950, it was finally absorbed into the Republic as part of the province of North Sumatra. Today, the part of East Sumatra are Langkat, Deli Serdang, and Serdang Bedagai.

UFA GmbH

UFA GmbH is a German film and television production company that unites all production activities of Bertelsmann in Germany. Its history comes from Universum Film AG (abbreviated in logo as UFA) that was a major German film company headquartered in Babelsberg, producing and distributing motion pictures from 1917 through to the end of the Nazi era. The name UFA was revived for an otherwise new film and television outfit.

The former UFA was established as Universum-Film Aktiengesellschaft (UFA) on December 18, 1917, as a direct response to foreign competition in film and propaganda. UFA was founded by a consortium headed by Emil Georg von Stauß, a former Deutsche Bank board member.In 1925, financial pressures compelled UFA to enter into distribution agreements with American studios Paramount and Metro-Goldwyn-Mayer to form Parufamet. UFA's weekly newsreels continued to contain reference to the Paramount deal until 1940, at which point Die Deutsche Wochenschau ("The German Weekly Review") was consolidated and used as an instrument of Nazi propaganda.

In March 1927, Alfred Hugenberg, an influential German media entrepreneur and later Minister of the Economy, Agriculture and Nutrition in Hitler's cabinet, purchased UFA and transferred it to the Nazi Party in 1933.

In 1942, as a result of the Nazi policy of "forcible coordination" known as the Gleichschaltung, UFA and all of its competitors, including Tobis, Terra, Bavaria Film and Wien-Film, were bundled together with foreign film production companies Nazi-controlled to form the super-corporation UFA-Film GmbH (Ufi), with headquarters in Berlin.

After the Red Army occupied the UFA complex in 1945 in Babelsberg, and after the privatization of Bavaria and UFA in 1956 in West-Germany, the company was restructured to form Universum Film AG and taken over by a consortium of banks.

In 1964, Bertelsmann's Chief Representative, Manfred Köhnlechner, acquired the entire Universum Film AG from Deutsche Bank, which had previously been the main UFA shareholder and which had determined the company's business policy as head of the shareholders' consortium. Köhnlechner bought UFA, which was strongly in debt, on behalf of Reinhard Mohn for roughly five million Deutschmarks. (Köhnlechner: "The question came up as to why not take the entire thing, it still had many gems.") Only a few months later, Köhnlechner also acquired the UFA-Filmtheaterkette, a movie theater chain, for almost eleven million Deutschmarks.In 1997, UFA and the Luxembourgish rival CLT established the joint venture CLT-UFA, which, following the takeover of British rival Pearson TV, was restructered as RTL Group in 2000. Today, UFA GmbH (UFA) works as a subsidiary of RTL Group's production division FremantleMedia, which had been formed out of Pearson TV, and is responsible for all production activities of Bertelsmann and FremantleMedia in Germany. Until August 2013, eight subsidiaries operated under the UFA umbrella: UFA Fernsehproduktion, UFA Entertainment, Grundy UFA, Grundy Light Entertainment, UFA Cinema, Teamworx, Phoenix Film and UFA Brand Communication.

In August 2013, UFA underwent an organizational restructuring that simplified the company down to three production divisions. Today, UFA Fiction, UFA Serial Drama and UFA Show & Factual are the three units responsible for production.

In February 2019, Universum (UFA) was sold to Kohlberg Kravis Roberts.

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