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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Benefits Briefs Vol. 13 No. 2: Statute of Limitations Defense
Stifle that yawn. If a participant sues you for benefits, ye olde boring statute of limitations can be your best friend. The reason is that a participant who snoozes, loses, regardless of how culpable you might otherwise have been in refusing to pay ...
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Benefits Briefs, Vol. 13 No. 2
A negative election is a technique for dealing with that segment of your employees who never return anything you send them. In connection with the annual 401(k) plan enrollment elections, you could simply ignore these folks and let them suffer the ...
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Boardroom “Best” Practices are Changing: The Need to Demonstrate “Good Faith”
In the wake of Enron and other corporate scandals, courts reviewing alleged violations of fiduciary duties are probing further into directors' actions (and inactions). Courts are giving further definition to a duty of "good faith," and directors who ...
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Breaking Up is Hard to Do: Why You Need a Shareholders Agreement
It is hard not to pick up a newspaper or a magazine without reading all about all the gory details of the latest divorce involving the rich or famous, and the contents of a prenuptial agreement. While it would seem that the only connection between ...
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Bruce Mann on SEC Corporation Finance Disclosure Developments
Bruce Mann, Partner at Morrison & Foerster LLP, opined that the SEC not only fulfilled its rulemaking obligations under Sarbanes-Oxley in record time, but was also responsive to the concerns of the bar in the comment process. "The basic approach of ...
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Building a Great Board of Directors: A Committed and Sustained Process
A rash of spectacular corporate failures (many immediately attributable to greedy and criminal executives) has spurred a wealth of scrutiny and regulation of corporate governance. Beyond fraud, interested parties have identified base causes ranging ...
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Business Globalization
For more and more US law departments, serving clients means serving clients based in foreign countries or handling matters outside the United States. For years, globalization has necessitated that larger law departments deal with international legal ...
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Business Organizations
Missouri presently allows individuals to operate a business under four forms of organizations: A sole proprietorship is really not an organization but rather ownership and corporation by one individual. Any one person who begins a business without ...
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Buying A Business: Beware Of These Common Mistakes
Reprinted with permission of Khabar Magazine Buying a business. It's every family's dream. Whether it's your first or your tenth business, no two business transactions are exactly like and no business comes with guarantees. After all, owning a ...
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California Business Law: S Corporations Explained
Many business planners are attracted to the idea of incorporation because of the protection it offers the corporation's owners and operators from individual liability for the debts of the corporation. But there is a drawback to incorporation as ...
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