These were shell corporations waiting for opportunities but in fact just waiting for suckers.

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There are roughly 12 to 14 different shell corporations this person uses.

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The examples that we have heard, where American firms simply create new shell corporations to execute transactions that they themselves are prohibited from engaging in, are truly outrageous.

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ExxonMobil, Chevron, Shell and other corporations doing business in dangerous parts of the world will certainly be pulling for the legal Lohengrin to disappear into the mists again.

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The rule is designed, appropriately, to prevent corporations from acquiring money-losing shell companies in order to shelter profits on financial statements.

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But with Shell, we can facilitate a balance between entrepreneurs and corporations with a longer-term view, more patience, and deeper pockets.

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Shell, which denies any wrongdoing, now argues that the Alien Tort Act should not apply to corporations, even American ones, and furthermore should not cover violations committed outside American jurisdiction.

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