The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
The Perils of LLC Flexibility (Part 2) – Key Issues an Operating Agreement Must Address
By
Jarrod Melson, Esq.
Tuesday, December 5, 2023
When drafting your LLC Operating Agreement, it’s important to include sections about how to remove a manager, remove a member, and solve a deadlock...
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General Partnership vs Limited Partnership
By
Devin Scott
Monday, December 4, 2023
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership...
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Federal and State Governments Focus on Auto-Renewal of Subscriptions and Product
By
Jarrod Melson, Esq.
Tuesday, November 28, 2023
The FTC is mandating new rules for “auto-renewals” that are predatory to consumers. Learn more about new regulations surrounding subscription cancelation...
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LLC Charging Orders – An LLC’s Limited Liability from Its Members
By
Jarrod Melson, Esq.
Tuesday, November 14, 2023
While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today...
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Why Convert Your Tax Status from S-Corp to C-Corp
By
Jeremy Reed
Monday, November 13, 2023
The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income...
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Certification for Veteran Small Business Owners
By
Jeremy Reed
Tuesday, November 7, 2023
Learn about the benefits of becoming certified as a veteran small business owner. Sign up online with the Small Business Administration as a VOSB today...
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Disadvantages & Hidden Costs of a Sole Proprietorship
By
HBS
Monday, November 6, 2023
Typically, a sole proprietorship makes you personally liable for all of your business debts and gets taxed at the personal (not corporate) tax rate. That's not all...
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Directors Cannot Vote By Proxy at Board Meetings
By
Jarrod Melson, Esq.
Tuesday, October 31, 2023
Can directors vote by proxy at board meetings? Learn about the rules of board meeting votes and what happens when a board member cannot be present...
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Does an LLC Have Stock or Shareholders?
By
Justin Damiani
Tuesday, October 24, 2023
Can LLCs have shareholders or issue stocks? Learn more about the simple LLC ownership structure, ownership changes & how they differ from corporations...
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The Perils of LLC Flexibility – How are Operating Agreements Interpreted
By
Jarrod Melson, Esq.
Tuesday, October 17, 2023
Read about the importance of a well-drafted LLC operating agreement. Without clarity and context, Delaware courts will need to interpret the agreement...
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