legal capital

Legal capital

Value at which a company's shares are recorded in its books.

Legal Capital

The par value of all of a company's shares outstanding. Legal capital may not be distributed as dividends, or as anything else. It is also called stated capital.

legal capital

Capital that by law or resolution must remain within a firm and that is restricted for purposes of dividends or other distributions. Legal capital is generally equal to the par or stated value of all outstanding stock. Also called stated capital.
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As well as spotlighting companies, Legal Capital will also act as a recruitment programme to attract graduates and young lawyers with a few years' experience to the city and help expand the pool of talent already in place.
When UFJ reported interim earnings last November, President Hideo Ogasawara said the company might tap into legal capital reserves to improve its financial standing.
In a strategy to shield the bank from future stock appraisal losses, the bank said it will convert 600 billion yen of its 1.9 trillion yen in legal capital reserves into its earned surplus or voluntary capital reserves, a key capital component that can be legally tapped to cover such appraisal losses.
"The fact is clients, especially large and international ones, want us to be closer to the decision-making institutions in Europe's legal capital.
said last week they will tap into legal capital reserves to finance the disposal of bad loans,
Some banks, including Sumitomo Mitsui Banking and UFJ Holdings, are considering tapping into legal capital reserves to replenish dwindling retained earnings -- the key source of funds for dividend payments.
announced they plan to tap into legal capital reserves to replenish dwindling retained earnings -- the key source of funds for dividend payments.
SMBC, created in April through the merger of Sumitomo Bank and Sakura Bank, said it plans to tap into legal capital reserves to replenish dwindling retained earnings -- the key source of funds for dividend payments.
First there was the $20M investment in February led by the London Stock Exchange Group into Nivaura.com, alongside some serious financial and legal industry players such as Santander and Aegon's venture funds, the legal capital and firepower of legal firms Linklaters, Orrick, and Allen & Overy, and leading blockchain and crypto investor Digital Currency Group and Middlegame Ventures.
The Netherlands likewise houses the world's legal capital, largest port in Europe, headquarters of leading multinational companies, and the creator of hit television shows, such as Big Brother, The Voice and Deal or No Deal.
The Budget 2018-19 presented in the last week of April included several measures to bring order in Pakistan's real estate sector which is a destination known for parking ill-gotten money and has been instrumental in increasing the size of the informal economy by pushing legal capital into a grey area.
The city of The Hague hosts the world's main legal bodies including the UN International Court of Justice and is known as the 'legal capital of the world'.