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
-
Changes and Proposals Affecting Rules 144, 145 and Regulations
More than 18 months after proposing the rule changes, the SEC has reduced the minimum holding period before securi-ties can be sold to the public under Rule 144 from two years to one year and the minimum holding period before securi-ties can be ...
Read More » -
Choosing An Entity For The New Business Deal
Deciding what form of organization to use for a new business enterprise requires the organizers to consider legal and tax issues that relate to the venture. Typically, these considerations translate into cost analyses. The key points of focus are ...
Read More » -
Claim for Aiding and Abetting Breach of Fiduciary Duty Does Not Depend on Origin of Duty
The Delaware Chancery Court recently held that a legal claim exists for aiding and abetting a breach of a contractually-created fiduciary duty. In so holding, the Court emphasized that such claim does not depend on whether the origin of the ...
Read More » -
Closely Held Business: Suggestions for a Non-Controlling Owner or Help For the Out-Of-Control Business Owner
A person holding a majority of a closely held business (let's call her "Ms. Big") generally gets to make all the major decisions concerning the business. Fiduciary duties and other restrictions prevent Ms. Big from running roughshod over other ...
Read More » -
Closely Held Manufacturers: Have You Selected the Right Entity?
As the owner of an existing business, you may be wondering whether you are operating in the .right. business entity form. The entity selection analysis can be a daunting task even for experienced professional advisors. It generally involves the ...
Read More » -
Co-Marketing Agreements and Cross Selling Energy Products and Services
While co-marketing arrangements have be utilized for years in competitive products and service industries, they are just now starting to receive attention among utilities and other energy service providers for there potential use in the marketing of ...
Read More » -
Coleman Shareholder Litigation Settlement Approved
The Delaware Court of Chancery in In re The Coleman Co., Inc. Shareholders Litigation, 1999 Del. Ch. LEXIS 234, 1999 WL 1261303 (Del. Ch. Nov. 12, 1999), approved a noteworthy settlement of a shareholder action where the court believed that ...
Read More » -
Comparison of Various forms of doing business
No written Agreement needed owner individually owns all assets used in business. Written agreement is suggested, but not required. At least 2 partners are required, partnership owns assets used in business. C and S Corporation: Articles of ...
Read More » -
Compensating Partners: Will We Ever Get it Right?
If by "right" we mean that there is a correct compensation level for each individual; we can determine what that amount is; and we can convince each person of the wisdom and fairness of that amount, then the answer is no. But, if we mean that we can ...
Read More » -
Compensation For Corporate Counsel – 2002
The last quarter of the year is when performance pay and total compensation are finalized for counsel in Canadian law departments. It will not be a great year for most. December and January is also the time when compensation ground rules are set for ...
Read More »