Signed into law in January 2021, the Corporate Transparency Act seeks to combat money laundering, corporate misconduct, and other illicit financial activities. The purpose of the Act is to increase transparency through the reporting of beneficial ownership information...
A divisive Type D reorganization is a type of tax-free or tax-advantaged corporate reorganization allowed under the United States Internal Revenue Code that lets companies change their structure without incurring immediate tax consequences. With a Type D...
You have worked hard to build your business over the years. You need to implement a plan that outlines how your company would continue to function after a significant disruption. You have insurance on far less valuable objects; a well crafted plan is as important as...
Corporate directors and officers owe a fiduciary duty to the company not only to safeguard business assets — but they also cannot usurp business opportunities for personal gain. Closely related to self-dealing, the corporate opportunity doctrine precludes corporate...
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 when a fiduciary puts their own interests above those of the company to...
With the widespread use of computers, tablets, cellphones, and other devices to store data, ESI (short for electronically stored information) is a crucial part of commercial litigation. Since ESI often encompasses a vast amount of information, any demands made for the...
