Glossary Archive

Corporate Governance Corporate governance refers to the system of rules, practices, and processes by which a corporation is directed and controlled. It encompasses the mechanisms through which companies, and those in control, are held accountable to stakeholders, including shareholders, employees, customers, suppliers, and the community. At its core, corporate governance addresses the balance of power...

Corporate Minutes Corporate Minutes are the official written records of the proceedings and decisions made during a meeting of a corporation's board of directors or shareholders. These documents serve to provide a formal account of the discussions held and the resolutions passed, ensuring transparency and proper governance within the organization. The purpose of Corporate Minutes...

Corporate Restructuring Plan A Corporate Restructuring Plan is a strategic framework developed by a company to reorganize its structure, operations, or finances with the goal of improving its efficiency, profitability, and overall performance. This plan is often vital for companies facing financial difficulties, changes in market conditions, or the need to adapt to new business...

A Corporate Trustee is a financial institution or a corporation that is appointed to manage a trust on behalf of the beneficiaries. Overview: Unlike an individual trustee, a corporate trustee has the resources, expertise, and experience to manage the trust’s assets effectively. This option is often preferred for larger, more complex trusts or when there...

Corporate Veil The corporate veil refers to the legal distinction between a corporation and its shareholders, which protects the personal assets of the shareholders from being used to satisfy corporate debts and liabilities. This concept is fundamental in corporate law, as it allows individuals to invest in a corporation without risking their personal wealth. When...

Cost Allocation in Arbitration Cost allocation in arbitration refers to the process of determining how the expenses associated with the arbitration proceedings will be divided among the parties involved. This includes not only the fees of the arbitrators but also other costs such as administrative fees, legal fees, expert witness fees, and any other expenses...

Cost-Benefit Analysis in ADR A Cost-Benefit Analysis (CBA) in Alternative Dispute Resolution (ADR) is a systematic approach used to evaluate the economic merits of pursuing ADR options, such as mediation or arbitration, compared to traditional litigation. This analysis assesses the costs associated with each method, including legal fees, time commitments, and potential settlement amounts, while...

Cost Segregation Analysis Cost Segregation Analysis is a tax strategy utilized in real estate that involves identifying and reclassifying personal property assets to accelerate depreciation deductions. This process is often performed on commercial properties, but it can also apply to residential rental properties. In a typical property investment, the cost of the property is depreciated...

Cost-Sharing Provisions in Mediation Cost-sharing provisions in mediation refer to the agreements between parties involved in a mediation process regarding how the expenses associated with the mediation will be divided among them. These expenses can include the mediator's fees, venue costs, administrative expenses, and any other related costs incurred during the mediation sessions. Cost-sharing provisions...

Court-Appointed Mediator A Court-Appointed Mediator is an impartial third party designated by a court to facilitate negotiations between disputing parties in a legal matter. The mediator's role is to help the parties communicate effectively, identify their interests, and explore potential solutions, ultimately working towards a mutually acceptable agreement. The process typically begins when a court...