Questions tagged [shell-companies]
The shell-companies tag has no usage guidance.
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Who holds legal rights to manage a fund's money?
Scenario:
Bob, Larry, and Curly want to invest their money together. Bob will be the active investor and Larry and Curly will only contribute capital. They set up two companies: Company M (...
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How do the rights and responsibilities of a shell company differ from corporations organized in other ways?
For instance, does a shell company need to have a separate board of directors and bylaws, or can it be controlled through the governance of another company? Can such a company be managed by and ...
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What limitations can be placed on the activities of “shell” companies?
According to Wikipedia, one of the reasons for using a shell company is that "Shell companies can be used to transfer assets from one company into a new one, while leaving the liabilities in the ...