Tag Archives: Corporation

A Corporation’s Directors Could be Liable for Monetary Damages

So you are asked to become a corporate director or you are director of your own corporation. What could go wrong, right? Continue reading

Advertisements
Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Adding a Member, Shareholder or Partner to Your Business

A new member, shareholder or partner for your business might make sense. Maybe the new person adds great connections, special know-how, or deeper pockets to help capitalize the business for growth. But what exactly does it mean for you to … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

How a Business Can be Subject to the Securities Laws

Whenever a business entity issues ownership interests, whether it is to existing owners or new investors, one must be aware that such issuance can be deemed an issuance of securities and that the securities laws may come into play.  If … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Flexible Purpose and Benefit Corporations

The California legislature, effective as of 2012, created two new types of corporations.  One is called the “flexible purpose corporation” and the other type is the “benefit corporation.”  Both types of corporations allow management to pursue not only for-profit purposes … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment