business law

well-known seasoned issuer (WKSI)

Well-known seasoned issuer (WKSI) is a category of issuer which allows greater flexibility in accessing U.S. public markets.

Qualification as a well-known seasoned issuer

For an issuer to qualify as a WKSI, they must...

whistleblogger

A whistleblogger is a whistleblower who uses a web blog or similar internet-based forum to raise concerns about a person or entity’s misconduct or wrongdoing. Among other topics, whistlebloggers may speak about corruption, a violation of the...

white-collar crime

Overview

White-collar crime generally encompasses a variety of nonviolent crimes usually committed in commercial situations for financial gain.

The following is an inclusive list of white-collar offenses : antitrust violations, bankruptcy...

will contract

Though transfers by will are normally donative, it is possible to use a will to form an obligatory, legally enforceable contract. A will contract is created when a promise is made and supported by consideration to leave property by will to the promisee...

winding up

The settlement of debts and liquidation of assets, done with the goal of dissolving a partnership or corporation.

See: dissolution of corporation.

winding up a corporation

The process of dissolving a corporation or settling the affairs of a dissolved corporation. Winding up a corporation generally takes place when a corporation decides to end a business or declares bankruptcy. Winding up involves the settling...

withdrawal of a corporation

Withdrawal of a corporation, also referred to as dissolution of a corporation, is the termination of a corporate entity. The procedure could be conducted voluntarily or involuntarily. Ending a corporation becomes more complex with more owners...

witnesseth

Witnesseth is legal jargon for the term witness. The general meaning is “to take notice of” or “to witness.” With the passing of time, the usage of the term “witnesseth” has declined but it is still used in contracts to make them look more...

wrongful termination

Wrongful termination is a terminated employee's claim that the firing breached an employment contract or some public law.

Where an employment contract requires termination only for cause, a terminated employee can sue for arbitrary discharge....

yellow dog contract

Yellow dog contracts are agreements between an employer and employee in which, often as a precondition to being hired, the employee agrees not to become a labor union member or act in collaboration with other employees. There are both federal...

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