About Corporations

Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.

Directors Cannot Vote By Proxy at Board Meetings By Jarrod Melson, Esq. Tuesday, March 14, 2023 Board of DirectorsCan 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... Read More
My Delaware Corporation Was Voided. Now What? By Amy Fountain Monday, October 31, 2022 what happens if your delaware corporation is voidedAn LLC (limited liability company) or LP (limited partnership) that does not pay its Franchise Tax Fees for three years in a row will be cancelled by the state.. Read More
Delaware 2022 Corporate Law Amendments – A “Must Know” Summary By Jarrod Melson, Esq. Tuesday, October 4, 2022 2022 Corporate Law AmendmentsThe Delaware Legislature adopted the amendments to the Delaware General Corporation Act which all directors, officers, and stockholders of Delaware corporations need to become familiar with. Jarrod Melson explains the changes you need to consider in this new blog... Read More
Par Value: How Low Can You Go? By Paul Sponaugle Monday, October 3, 2022 how to calculate par valuePar value is the lowest limit set to the value of a share of stock in a corporation. Shares can be sold for more than par value, but not less... Read More
What Is a Certificate of Incumbency? By HBS Monday, September 19, 2022 what is a certificate of incumbencyThe Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office... Read More
Perpetual Existence for Corporations By HBS Tuesday, September 6, 2022 A corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist... Read More
Why Venture Capitalists Prefer Delaware C-Corps By HBS Monday, August 29, 2022 Why Do Investors Prefer Delaware C CorporationsThe first requirement of every serious investor, angel investor and Venture Capitalist is the same: your company must be a Delaware C corporation before they will even consider investing in it... Read More
How to Fix Business Mistakes in a Delaware Corporation By Brett Melson Monday, August 8, 2022 how to fix business mistakes in a delaware corporationDrafting corporate resolutions, recording meeting minutes and tracking stock available for issuance is sometimes seen as a distraction from the company’s primary focus of pursuing its business plan and achieving its goals... Read More
Bylaws - More Important Than You Might Think By Brett Melson Tuesday, July 12, 2022 bylawsBylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented... Read More
Adding and Removing Directors on a Board By Brett Melson Monday, June 20, 2022 In short, and as discussed here, Delaware’s General Corporation Law provides that shareholders are ultimately responsible for appointment and removal of Directors, with the mechanics and processes relating to the vote, removal, and replacement ordinarily set forth in the corporation’s bylaws... Read More