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 the time has come to end operations, that business owner must go through the dissolution process. Whether...
Corporate liability refers to the extent a company may be held legally liable for the acts and omissions of business partners and the people it employs. Business owners often incorporate to shield themselves personally from any obligations or liabilities with their...
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...
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...
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...
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....
