Business partners, officers, and directors of a corporation all owe fiduciary duties of loyalty and good faith to the company and must act in the company’s best interests. Self-dealing occurs
Under the federal securities laws, a company may not offer securities unless they have been registered with the Securities and Exchange Commission (SEC) or an exemption from registration can be
A limited liability company (LLC) is a business structure that offers several advantages, including pass-through taxation and protection from personal liability. While forming an LLC in New York is an
Making the decision to close a business can be a difficult one, and the steps that must be taken to do so are often complex. If a business owner determines
What is a representation in a contract? A representation in a contract is a representation or fact that the seller or buyer promises is true, and is an inducement for