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.

Corporate Governance

Business Organization Articles

Executive Stock Sales and Securities Class Actions

High technology companies have a different way of doing business. The culture of a technology firm bears little resemblance to that of a more traditional corporation. One of the principal differences is in their respective approaches to executive ...
Read More »
Executives Ordered To Return Millions In Stock Grants

In a ruling that experts say is the largest giveback of executive compensation ever ordered, the Delaware Chancery Court ruled that three top executives of Computer Associates International Inc. must return 9.5 million shares of stock they received ...
Read More »
Expectation And Responsibility

There are two features that distinguish one law firm from another-the firm's clients, and the lawyers in the firm. There are other areas of competitive advantage such as geographic reach, the price of services, and technology, but these are ...
Read More »
Family Limited Partnerships: Having Your Cake and Eating It Too

ESTATE PLANNING STRATEGIES It is the client's desire to keep control, rather than the actual need for the asset, that often impedes effective estate planning. Through the use of a family limited partnership (FLP). a client's concerns can be ...
Read More »
FAQ: Incoming Investment

Are there any prohibitions or restrictions on foreign investment in the U.S.? Can foreign investors establish wholly owned operations in the U.S.? Which business forms in the U.S. are available to foreign investors? What is a "C" corporation? What ...
Read More »
Federal Tax Issues in Securitization

The restructuring of the California utility industry has been accomplished through a $6 billion securitized financing pursuant to legislation that authorized securitization of electric utility stranded costs. Since the federal tax treatment of the ...
Read More »
Fiduciary Responsibility in Allocating Plan Termination Expenses

The DOL has recently issued an advisory opinion letter (Op. Let. 97-03A) that provides guidance to plan sponsors who terminate qualified plans. The DOL advisory opinion concludes that the use of plan assets to pay "settlor" or business expenses when ...
Read More »
Firm Ownership and Succession for Design Professionals

Proper structuring of the Design Professional's operating business entity can streamline management, provide for the owners' orderly succession and can minimize both income and estate taxes. The firm should have a clear understanding of its and the ...
Read More »
First We Take Manhattan

Last October, Tory Tory DesLauriers & Binnington broke new ground with the announcement of its cross-border merger with 75-lawyer Manhattan firm Haythe & Curley. Moments later lawyers in major firms across Canada were logging on to the Internet to ...
Read More »
FLP Planners Find a Present Under their Tree

Apparently the IRS did not vacation this year-end, judging by the volume of pronouncements it has issued during and shortly after the holiday season. Just recently, we have seen final regulations addressing basis adjustments after sales of ...
Read More »