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  • Equity Shares as Bonus or Compensation for Private Startup Companies

    A new trend in the gig economy is to offer unusual forms of compensation for work. Private companies, as well as publically traded companies, can offer equity shares as part of a compensation package for employees and independent contractors. There are legal, tax, and accounting issues when private companies offer limited equity shares.

  • Legal Steps to Closing a Business and How a Business Lawyer Can Help
      by HG.org

    Closing a business is hard work, and the processes are often difficult for the owners or managers. Many steps are often necessary with various persons that need to be contacted.

  • Legal Structure for a Medical Practice with 50/50 Shareholders

    The key to the structure is this: The two physician / shareholders can either work together, or they can breakup.

  • 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.

  • How to Remove a Shareholder from a Business
      by HG.org

    When a corporation wishes to remove a shareholder from a business, there are several particular steps that they must follow. These steps are determined by the nature of the relationship between the business and the shareholder and the corporate documents.

  • 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. Let’s start at the beginning, which is the end of employment.

  • Transferring Business Ownership

    What is a Transfer of Ownership? As they say, all good things must come to an end. Maybe you’d like to retire, or maybe it’s time to pass the family business to the next generation. For one reason or another, many business owners will face a time when they need to transfer their ownership rights to another person or entity.

  • Your 8 Step Guide to Navigating Business Contracts

    It’s easy to feel lost when first reading the language used in business contracts; all those details swirling around are important, but often difficult to follow. Placing legal terms in context, and gaining an understanding of provisions, are great ways to start feeling comfortable with this common contract that’s the backbone of every transaction.

  • Business Ownership in the Family

    Family owned businesses may thrive over multiple generations. To have lasting success, the family owned business needs to transition ownership from generation to generation. To preserve family harmony and maintain a healthy business, it may be best to transition ownership to family members that are active participants in the business, while allowing non-active family members an opportunity to “cash out” and direct their funds elsewhere as desired by their preferences.

  • What to Do if You Suspect Securities Fraud
      by HG.org

    After the recent financial problems of the first part of the 21st century, it is natural for investors to be wary of those who handle their financial investments. So what should you do if you notice something questionable in your account statements or trade confirmations?


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