Business Organization

The Business Organization section of FindLaw's Corporate Counsel Center provides information on matters such as Joint Ventures, Liability for Acts of Dissolved Corporations, and more. Click on the articles below to learn about limited liability companies that give you the tax advantages of a partnership with the liability protection of a corporation. Or browse the section on how S corporations can provide significant tax advantages over C corporations in the right circumstances. Find more about these and other subjects under Corporate Governance.

Business Organization Articles
    • Converting from C Corporation to S Corporation

      Although S corporations can provide significant tax advantages over C corporations in the right circumstances, there are a number of potentially costly tax problems that you should assess before making a decision to convert your C corporation.

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    • Liability for Acts of Dissolved Corporation
      Where defendant corporation entered into contracts while it was dissolved as a matter of law, once corporation is reinstated, the agreements are enforceable against the corporation, but not against the individual officers, directors and ...

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    • Beyond the Parent Board: Downstream Corporate Governance
      It would be rather trite to note that much has been written and discussed lately regarding corporate governance. However, virtually all of this discussion has focused on the boards of public companies and their audit committees. While obviously ...

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    • Service of Legal Documents Abroad
      DISCLAIMER: THE INFORMATION IN THIS CIRCULAR RELATING TO THE LEGAL REQUIREMENTS OF SPECIFIC FOREIGN COUNTRIES IS PROVIDED FOR GENERAL INFORMATION ONLY AND MAY NOT BE TOTALLY ACCURATE IN A PARTICULAR CASE. QUESTIONS INVOLVING INTERPRETATION OF ...

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    • Technology-Based Joint Ventures
      Technology-based joint ventures are subject to rapidly changing technical standards, fluctuating markets and an emphasis on intangible services. But with careful legal planning, the joint venture can be an extremely effective vehicle for bringing ...

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    • Types of Corporations
      It seems everyone knows there are two kinds of corporations: S-Corps and C-Corps. This distinction, however, merely scratches the surface of the types of corporations in South Carolina. Most corporations you will encounter, with rare exception ...

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    • Equity Compensation and Limited Liability Companies
      Limited liability companies (LLCs) are rapidly becoming the favored vehicle through which many entrepreneurial companies are choosing to carry on their business. While an LLC has many corporate characteristics, most LLCs are taxed as partnerships ...

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    • Hotel REITs Require Special Consideration and Structuring
      Since the first hotel REIT was offered to the public in 1993, a significant number of hotel owners have formed public hotel REITs. Given the currently attractive hotel market, and general success of hotel REITs with investors, hotel companies are ...

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    • Hit or Miss: The Use of Warrants, Options or Stock in Lieu of Cash
      In today's fast paced business environment, many start-up companies are now using various forms of equity as payment for goods or services in order to preserve cash. Increasingly, advisors, landlords and others may be willing to forgo an immediate ...

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    • UPREIT Transactions: Understanding the Benefits and Features
      IntroductionBenefits Of An UPREIT TransactionUPREIT Transaction Features Conclusion As highlighted in an earlier article published in Real Estate Trends for nearly a decade, umbrella partnership real estate investment trusts ("UPREITs") have been ...

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