With the recent uptick in Lower 48 retail franchises making their way to Alaska, both landlords and those looking to become tenant franchisees will find themselves negotiating their lease arrangement with a third party. No, it’s not the tenant’s lender or the landlord’s lender, although each of those parties may find their way to the…
Shareholders occasionally ask to see records of a corporation, such as minutes of meetings, financial statements, internal management reports and shareholder lists. The Alaska Supreme Court recently issued a decision in Pederson v. Arctic Slope Regional Corporation that addresses many aspects of shareholder access to company records.
The U.S. Small Business Administration (SBA) has issued a long-awaited final rule which modifies the limitations on subcontracting requirements for small businesses. The final rule implements certain provisions of the National Defense Authorization Act of 2013 (NDAA). It was published on May 31, 2016, and became effective on June 30, 2016.
On February 23, 2016, the Department of Commerce, Community and Economic Development adopted changes to the state proxy regulations. The proxy regulations apply only to corporations formed pursuant to the Alaska Native Claims Settlement Act. State law requires ANCSA corporations having at least $1 million of assets and 500 or more shareholders to file their proxy statements and other proxy solicitation materials with the Department.
The U.S. Small Business Administration (SBA) has issued a long-awaited final rule establishing a Government-wide mentor-protégé program for all small business concerns, consistent with SBA’s mentor-protégé program for participants in SBA’s 8(a) Business Development (BD) program. The final rule implements certain provisions of the Small Business Jobs Act of 2010 and the National Defense Authorization Act of 2013 (NDAA). It was published on July 25, 2016, and became effective on August 24, 2016.