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....
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’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...
Receiving a summons and complaint in the mail may seem terrifying at first. For many people, their first instinct might be to just throw it in the trash and hope that their problem goes away. Hoping is not a plan, and is the last thing they should do. If you receive a...
“Earth has survived everything in its time. It will certainly survive us.” -- Michael Crichton Talk of Benefit Corporations continue in business and media circles. It’s en vogue to champion your business as eco-friendly, sustainable, and every other buzz word...
