About Corporations
Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
How to Close a Company
By
Brett Melson
Tuesday, February 16, 2021
Do you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
Do you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
How a Dual Class Share Structure Affects Shareholder Voting Rights
By
Brett Melson
Monday, January 4, 2021
In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
Get a Digital Stock Ledger for Your Delaware Corporation
By
Rick Bell
Monday, October 5, 2020
We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced... Read More
We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced... Read More
Change Your Company’s Number of Authorized Shares
By
Devin Scott
Monday, September 14, 2020
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
The number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
How to Run a Shareholder Meeting
By
Jeremy Reed
Tuesday, April 7, 2020
Delaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation... Read More
Delaware law requires every corporation to hold an annual shareholders meeting at least once every 13 months. Generally, the date of the annual meeting is contained in the bylaws of the corporation. A meeting must be held, regardless of the number of shareholders in the corporation... Read More
How to Remove an Officer in a Delaware Corporation
By
Brett Melson
Monday, January 20, 2020
The steps to remove an officer are fairly straightforward. First, you want to review your Certificate of Incorporation and bylaws. Any process that addresses removing officers is likely included in the bylaws. Second, you will also need to review the officer’s employment agreement, the terms of any equity incentive grants (e.g., options, warrants, etc.), and any other agreements with or relating to the officer’s employment or duties to determine whether any notice, timing, cash-out, or acceleration provisions, among others, may affect the process... Read More
The steps to remove an officer are fairly straightforward. First, you want to review your Certificate of Incorporation and bylaws. Any process that addresses removing officers is likely included in the bylaws. Second, you will also need to review the officer’s employment agreement, the terms of any equity incentive grants (e.g., options, warrants, etc.), and any other agreements with or relating to the officer’s employment or duties to determine whether any notice, timing, cash-out, or acceleration provisions, among others, may affect the process... Read More
Owning Stock and Being a Shareholder in a Corporation
By
Brett Melson
Monday, December 16, 2019
A shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More
A shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More
How Important is Corporate Indemnification?
By
Brett Melson
Tuesday, April 16, 2019
In a corporation, the scope of indemnification can vary, depending upon the terms of the corporation’s charter and bylaws, but only within certain parameters prescribed by the Delaware corporate law and judicial precedent... Read More
In a corporation, the scope of indemnification can vary, depending upon the terms of the corporation’s charter and bylaws, but only within certain parameters prescribed by the Delaware corporate law and judicial precedent... Read More
Authorizing Shares for Your Delaware Corporation
By
Paul Sponaugle
Tuesday, November 13, 2018
Now that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?".. Read More
Now that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?".. Read More
Board of Directors Oversight: Do’s & Don’ts
By
Christina Cornelius
Tuesday, April 3, 2018
Erik Nielsen, PhD has more than 35 years of experience in higher education. He is currently the Consulting Vice President of Kaludis Consulting and he served as president of Franklin College of Switzerland for 17 years... Read More
Erik Nielsen, PhD has more than 35 years of experience in higher education. He is currently the Consulting Vice President of Kaludis Consulting and he served as president of Franklin College of Switzerland for 17 years... Read More