You've set your business up with the Secretary of State. Now it's time to look inward and say, what do we need to properly run this business? Having governance documents in place, such as a ...
A corporation is a legal entity with personality granted by law, and it acts through its Board of Directors and its officers. The Board of Directors approves and sets the company’s direction, while ...
A corporation creates and maintains certain documents, one of which is its bylaws. This document is created shortly after the corporation is formed and, in general, sets the rules and regulations for ...
A stock purchase agreement outlines the sale of company stock to buyers. Here's how to create a stock purchase agreement, along with a helpful template.
A company must have articles of incorporation (“articles”). The articles will apply to all persons who are members of the company, without any requirement for persons, other than the original ...
The excitement of launching a new business can often overshadow the importance of thorough, structured discussions between business partners. However, open and honest conversations are crucial for ...
THE importance of a professionally drafted shareholders’ agreement that has been tailored to your business cannot be overstated. Although a business owner might be tempted to cut costs with a template ...
Shareholder agreements often include an obligation that the shareholders must act with “good faith” in their dealings with one another and with the company. However, what does that actually mean? In ...
As law firms operate with corporate or quasi-corporate structures such as professional corporations or limited liability companies, the importance of carefully drafted shareholder agreements cannot be ...