How to Transfer Shares of a Public Company
After you purchase shares of a public company, you might sell or transfer them at some point. Transferring shares is covered by Section 4 of the Securities Act of 1933. This statute provides two exemptions from registering with the Securities and Exchange Commission...
Does a Single-Member Limited Liability Company Need an Operating Agreement?
If you’re the sole owner of a limited liability company, you might question, “does a single-member Limited Liability Company (“LLC”) need an operating agreement?” What is a Single Member LLC? An LLC is a business structure offering limited liability protection and...
Fœneratoris Emptor – Lender Be Wary – what the Adar decision means for toxic lenders in New York
Predatory lending in all of its myriad of forms has been around since the concept of lending first arose. Call it payday loans. Call it “going to the corner” to borrow from a person with the middle name “the” in the securities world, that toxic lenders...
How Do I Form a Corporation in New York
If you are an entrepreneur or business owner, you may be aware that there are many advantages to forming a corporation. A corporation separates the shareholders from the entity and can provide personal liability protection. However, you may be wondering, “how do I...
What is an S Corp?
If you are considering forming a business entity, you may be wondering “what is an S corp?” An S corporation is a regular corporation that meets certain criteria specified by the Internal Revenue Code and elects a special election under Subchapter S of the Internal...
What Are Blue Sky Laws?
Protecting the consumer from securities fraud is a key focus of the Securities and Exchange Commission on the federal level. There are agencies and numerous federal laws in place to help ensure the public is protected. Besides federal laws, there are also many state...