As the saying goes, "if you can make it there, you can make it anywhere." New York is a notoriously expensive city — both to live in and to conduct business. Not only do corporate owners pay exuberant commercial rents, but they are also subjected to significant...
Corporate
What is Schedule TO?
Want to be a master of the universe and conduct a hostile takeover of that company you think you can run better than the corporate drones spending shareholder money? Do you think the company you are eyeing is better broken down and sold for...
What Are Bylaws?
Bylaws are the rules by which a corporation governs itself. Bylaws are established by the Board of Directors at the time of formation to regulate the company’s day-to-day operations and specify how issues will be handled as they arise. Simply put, they help to ensure...
What is a Proxy?
A corporation’s day-to-day operations are managed by the board of directors through their designees, the officers of the company. While the officers perform a significant amount of the day-to-day work, the directors provide advice concerning big-picture decisions....
Do I Need to File an 8-K?
If you are wondering, “do I need to file an 8-K?” the answer is most likely “yes.” When in doubt, file an 8-K. An 8-K is used for current reports under Section 13 or 15(d) of the Securities Exchange Act of 1934, and is filed in accordance with 17 CFR § 240.13a-11 or...
What is Involved in Setting Up a Subsidiary in the United States?
What’s involved in setting up a subsidiary? Companies with operations abroad often want to set up subsidiaries in the United States. These companies may elect to do this for several reasons. Perhaps the company seeks a tax benefit for the parent company. Perhaps the...