In legal parlance, the homeowners of an organization are usually referred to as the “members”. In an organization limited or limitless by shares , this would be the shareholders. In an organization small business limited by guarantee, this will be the guarantors. Some offshore jurisdictions have created particular types of offshore firm in a bid to draw business for their jurisdictions.
- The Dutch court’s order could set a precedent for different suits, including two with implications for oil giants Exxon and Total, legal consultants say.
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- Local jurisdictions may require particular licenses and taxes simply to operate a