shell corporation


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Related to shell corporation: Shell company
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Synonyms for shell corporation

a company that is incorporated but has no assets or operations

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References in periodicals archive ?
For example, Desmond D'Sa, a resident of South Durban, South Africa, and chairperson of the South Durban Community Environmental Alliance, has engaged the leadership of Shell Corporation directly to deal with environmental issues similar to those in Norco.
Of course those members of the public who previously held stock in the shell corporation, still own stock in the corporation and may continue to trade their shares in the secondary market.
shell corporation and its former CEO, John Lewis of Little Rock.
Argentine President Nestor Kirchner called for a national boycott against gasoline retailers who raised their prices in March, focusing specifically on US-owned Esso and Dutch-English Shell Corporation.
The groups were hardly grassroots organizations of inflamed citizens; the original chapter, in Weslaco, Texas, is just a shell corporation housed in the local chamber of commerce.
For example, the form for a Pinochet shell corporation stated that the owner's name is "Kept in Vault.
At the subcommittee's request, GAO bought surplus items though a shell corporation, acquiring operating lab equipment and other items at less than one-tenth of the original cost to the Pentagon, the report said.
A classic example of this latter category would be Shell Corporation and its close links with certain green groups.
Among the giant corporations endorsing the Compact are those against which activist organizations and communities have waged struggle after struggle over violations of environments and workers the world over: Nike Corporation, Royal Dutch Shell Corporation, DuPont Corporation, Unilever Corporation, Daimler-Chrysler Corporation, Deutsche Telecom Corporation, and Rio Tinto Mining Corporation.
Thus, whether the purchaser is an existing organization or is a newly formed shell corporation without significant assets is relevant, unless the buyer pays full purchase price in cash at closing.
The Simi Valley resident said arguments about the philosophy of the Reform Party are irrelevant because candidates have treated it like a shell corporation since Ross Perot created and abandoned it eight years ago.
But recently it surfaced, now owned by a shell corporation called E-data.
17) In Dominion Bridge, Span, a shell corporation was incorporated in the Bahamas by Dominion Bridge, a Canadian company that purchased steel for its operations.
com published an article describing Cellceutix as an overvalued shell corporation run by a management team with a track record of self-enrichment, value destruction, and making false statements regarding their background and credentials.