Tag Archives: owner

Adding a Member, Shareholder or Partner to Your Business

Posted on January 19, 2015 by Elio Palacios, Jr.

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 buy/sell agreement, Corporation, equity owner, investment agreement, limited liability company, llc, member, owner, partner, partnership, partnership agreement, purchase and sale agreement, securities laws, shareholder | Leave a comment

Shareholders Do Not Own Corporate Assets

Posted on March 10, 2013 by Elio Palacios, Jr.

A corporation is, for corporate law purposes, a “person” separate from its owners. As such, it owns the assets of the business, including, for example, customer lists, trade secrets and equipment. A shareholder generally holds only legal title to the … Continue reading →

Posted in Uncategorized | Tagged Business, corporate assets, customer lists, Law, legal title, owner, shareholders, trade secrets | Leave a comment

Tag Archives: owner

Adding a Member, Shareholder or Partner to Your Business

Shareholders Do Not Own Corporate Assets

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