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
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New York’s Newest Condo: Time Warner Center
February 2004 marked the opening to the public of Time Warner Center, a 2.8 million square foot mixed-use real estate development located in the heart of Manhattan at the southwest corner of Central Park. Time Warner Center is the largest mixed-use ...
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Ninth Circuit: FRCP 23.1 Requires Continuous Share Ownership for Derivative Claims in Diversity Actions
In a case of first impression, the Ninth Circuit Court of Appeals held that the continuous share ownership requirement of Rule 23.1 of the Federal Rules of Civil Procedure is procedural in nature and applies to shareholder derivative actions that ...
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No Substitutes Please: Pennsylvania Non-Lawyers Barred From Representing Employers in Unemployment Compensation Proceedings
Reversing a long-standing practice in Pennsylvania, the Commonwealth Court of Pennsylvania held in a 5-2 decision that corporations may not be represented by non-lawyers at unemployment compensation hearings. In Harkness v. Unemployment Compensation ...
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North Carolina Business Issues-FAQs
A. No. There are several entities that may be chosen when starting up a business, including a Sole Proprietorship, Partnership, Limited Partnership, "S" corporation, "C" corporation, Professional Association, and the Limited Liability Company ...
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Nova Scotia Unlimited Companies
The Nova Scotia unlimited company is the only Canadian entity treated as a corporationfor Canadian tax purposes but also eligible to be “disregarded” for tax purposes in the United States.Accordingly, any adviser to US companies with interests in ...
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Ownership and Value: The Keys to Prudent Estate Planning
Estate planning often appears to be a highly complex science, drawing upon an intricate array of trusts, transfers, financial facts and legal fictions. Yet the best estate planning is also practiced as an art, and the key to creating an estate ...
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Pay “Fair” Value For Minority Shares Or Risk Dissolution
Since 1955, North Carolina courts have had the statutory power to dissolve a corporation when it is "reasonably necessary for the protection of the rights or interests of a complaining shareholder." In 1973, the legislature expanded those powers ...
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Pennsylvania Legislative Alert: Proposal for Limited Liability Companies to be authorized under Architects Licensure Law
The Pennsylvania Society of Architects has asked Grainger Bowman, resident principal of our Harrisburg office, to propose legislative amendments to solve the question of whether architectural firms may practice as limited liability companies in ...
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Philadelphia Begins New Commerce Case Management System For Business Litigation
Beginning with cases filed on January 3, 2000 (i.e. the first business day of the New Year) business litigation suits in the Philadelphia County Court of Common Pleas will be separately tracked in the Commerce Case Management Program. Certain types ...
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Physicians’ Unions: Handle with Care
In the past two years, there have been a number of news articles, even a T.V. news segment, highlighting a new drive among physicians to become card-carrying members of a union engaged in collective bargaining. The objective is to increase ...
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