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- Of Mice and Men and Fiduciary Duties
A short survey of Delaware and Georgia law regarding standards of care for judging decisions of members or managers when fiduciary duties have been eliminated
- Should You Convert Your Florida Sole Proprietorship to an LLC?
A majority of American small businesses start out as sole proprietorships; however, once these businesses are launched and growing, it could better to change or convert the business to a limited liability company (LLC).
- Follow Corporate Formalities to Protect Personal Assets from Business Liabilities in Florida
Many people create corporations or LLCs, but never follow the corporate formalities Ė which leaves them extremely vulnerable to losing their personal property if a lawsuit is ever filed against the company.
- Hiring Licensed Contractors
Most of us have never hired someone to do construction work of any sort, so when the need arises to hire a contractor to make repairs or improvements on our residential or commercial property, we donít know where to start. Beware: these are dangerous waters!
- Issues to Consider When Offered Stock Options
It is commonplace for start-ups and emerging companies to offer stock option to employees, consultants and service providers in conjunction with, or often in lieu of, cash compensation. The potential recipient of stock options should be aware of certain important considerations before simply accepting stock options in a start-up or emerging companies.
- Bulk Sales Law for California Asset Sales
While many states have repealed their bulk sales laws, Californiaís Bulk Sales Law remains in full force and effect. The primary stated purpose of this law is to protect buyers and creditors following the purchase of more than half of a businessís assets. If a buyer makes a bulk sale purchase but does not adhere to the requirements set out in the bulk sales law, the buyer will typically remain liable to the sellerís creditors.
- Forming a Medical Corporation in California
California has specific laws that govern the formation of a medical practice or health care facility in California. The creation of the business entity requires a unique blend of corporate law experience and health care law expertise.
- Why Should an Entrepreneur Work With An Attorney to Start Their New Company?
Most entrepreneurs and new business owners are working on tight budget and simply want to spend the least amount of time and money selecting a business entity and getting to work. After all, isnít it as simple as downloading a few forms, filling in the blanks and submitting the corporate documents to the Secretary of State? Why would the owners of a new company want to spend the money to consult with an attorney?
- Removing a Shareholder from a Business
Here is the flow of issues when a shareholder is removed from a business: Termination of employment → Buy-back of shares → Non-competition → Claims for unfair oppression. Letís start at the beginning, which is the end of employment.
- How Do I Setup a Corporation?
Congratulations on planning to start your own business. But, as many a budding entrepreneur has discovered, it is not as easy as picking a name and opening a shop. To actually establish a business, you need to make a few choices and go through a series of filings. So, how do you setup a corporation?