About Corporations

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

Delaware Blank Check Preferred Stock By Rick Bell Monday, April 29, 2024 delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More
My Delaware Corporation Was Voided. Now What? By Amy Fountain Monday, April 8, 2024 what happens if your delaware corporation is voidedDelaware companies risk being voided if annual franchise taxes go. A voided entity cannot obtain critical documents like Certificates of Good Standing. Though business activities remain valid, the name becomes available for new use. Don't panic - reinstatement is possible through renewal filings and paying back taxes/fees. Learn the straightforward process for restoring your voided Delaware company to good standing... Read More
Recorded Webinar: Delaware Corporation Basics By HBS Monday, March 11, 2024 This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats... Read More
Correcting Corporate Oversights: A Guide for Delaware Corporations By Brett Melson Tuesday, February 13, 2024 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
Why Venture Capitalists Prefer Delaware C-Corps By HBS Monday, February 5, 2024 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
Bylaws - More Important Than You Might Think By Brett Melson Monday, January 22, 2024 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
How to Take Corporate Minutes By Brett Melson Monday, January 8, 2024 Delaware corporations should hold an annual meeting and take minutes. Not sure how to take corporate minutes? Here’s what you need to know... Read More
Adding and Removing Directors on a Board By Brett Melson Monday, November 27, 2023 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
Directors Cannot Vote By Proxy at Board Meetings By Jarrod Melson, Esq. Tuesday, October 31, 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
The Delaware Certificate of Incorporation and the Role of the Incorporator By Brett Melson Tuesday, September 19, 2023 Delaware Certificate of Incorporation and the Role of the IncorporatorAre you starting a Delaware Corporation? Learn more about the process of drafting a Certificate of Incorporation and your role as the business’s incorporator... Read More
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