Corporate Law

Two popular business entities are Limited Liability Companies (LLC) and S Corporations. Both offer liability protections and pass-through features for income that business owners find attractive....

Rules of corporate governance establish and allocate the responsibilities that shareholders and directors have in operating a business. In general, the right to manage the affairs of a corporation...

Over the last few years the duties and responsibilities of the board of directors have been consistently brought to the forefront of public opinion. The various accounting scandals underscore how...

A close corporation is a form of enterprise where the owner/shareholders are actively involved in the business affairs and management of the company. In order to insure that control remains with...

While a corporation is a fictional creature, the product of legislation, it is treated for legal purposes much like a person. It can sue and be sued, and it must file income tax returns. Corporate...

Corporations are a fundamental element of our economy. Collectively, they hold immense wealth and produce jobs for thousands. They are also useful business tools for business owners who wish to...

An incorporated business is one that has undergone the formal process of incorporation. The laws of incorporation are created by individual states, and any U.S. corporation has to choose a state...

If you have decided to operate your business as a corporation, one of the first tasks you will have to undertake is that of writing your corporate bylaws. Corporate bylaws are written to set the...

A small business or even a sole proprietorship can be registered as an S corporation (small business corporation). Doing so can help protect you from personal liability when it comes to business...

A pre-incorporation agreement is a key component to the incorporation process for any business. This is true especially for small businesses with multiple shareholders who are active in the daily...

Recent changes have made U.S. Securities and Exchange Commission (SEC) compliance laws for shareholder meetings even easier to work with. The newest changes have specified that the use of Internet...

The U.S. Securities and Exchange Commission (SEC) and its compliance regulations have changed the way storage administrators work today. After the Enron debacle, the SEC altered its rules to...