Certificates of Incorporation can vary from State to State, and in length, depending on the needs of the business. A qualified attorney can help. One of the common misconceptions relative to… CONTINUE
Investor Lawsuits Against Corporate Officers and Directors
Q: I have a small tech company and there are 3 shareholders, and all 3 of them are board members. What can the directors do that is going to get… CONTINUE
Piercing The Corporate Veil
Q: I’m a shareholder of this company, and a director and an officer. A vendor who I owe a lot of money to but I can’t pay is threatening to… CONTINUE
Corporate Formalities and Legal Actions Against Your Business
In the event of legal action, the court will question whether corporate formalities were observed. The corporation is required to have a board of directors and the board of directors… CONTINUE
Does a Startup Entity with No Employees Really Need a Formal Corporate Structure?
Q: I’m a one hundred percent shareholder and the only director of my startup at the moment. Do I need to go through all this? The corporate formalities of meetings… CONTINUE
Corporate Board Meeting Formalities
Q: I’ve come to your office for the first time; I’ve waited way too long to hire you, and you see that I haven’t had a board meeting in two… CONTINUE
Annual Obligations for Delaware Corporations
Important reminders for directors and officers of Delaware corporations: Delaware Annual Filing Obligations Your corporation’s Delaware annual report and franchise tax payment is due on or before March 1. All… CONTINUE
SEC Issues Proposed Crowdfunding Rules
On October 23, 2013, the U.S. Securities and Exchange Commission (SEC) issued proposed rules to allow securities crowdfunding pursuant to the Jumpstart Our Business Startups Act of 2012 (JOBS Act). … CONTINUE
Differences between Incentive Stock Options (ISOs) and Nonstatutory Stock Options (NSOs)
Here is an outline of some of the principal differences between two different types of compensatory stock options: incentive stock options (ISOs) and nonstatutory stock options (NSOs). This outline is… CONTINUE
Choice of Entity for a Startup Company
The choice of legal entity for your business is a critical decision for any startup company. If you want to attract venture capital investment, you need to form a corporation,… CONTINUE