Discover some of the rules & regulations of setting director compensation. Learn about how the financial interest of both the director & the board can be met.... Continue Reading
Posted In: Business Strategies
The FCPA makes it unlawful for certain U.S. persons, U.S. entities and foreign nationals in the U.S. to pay or give anything of value to a foreign government official in order to gain some benefit or otherwise induce the official to use his or her authority to benefit the person or entity.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
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.... Continue Reading
Posted In: About LLCs
The FTC is mandating new rules for “auto-renewals” that are predatory to consumers. Learn more about new regulations surrounding subscription cancelation.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today.... Continue Reading
Posted In: About LLCs
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.... Continue Reading
Posted In: About Corporations
Read about the importance of a well-drafted LLC operating agreement. Without clarity and context, Delaware courts will need to interpret the agreement.... Continue Reading
Posted In: About LLCs
When a vote is split amongst LLC leadership, an LLC deadlock provision offers a solution via a tie-breaker manager. Learn more about the role & their removal.... Continue Reading
Posted In: Business Strategies
Honest services fraud is a powerful tool in prosecutors’ hands. It is not always intuitive, and the elements of the crime are sufficiently malleable to fit a broad swath of situations involving bribery or kickbacks.... Continue Reading
Posted In: Business Strategies
Learn about the difference between the Right of First Refusal and the Right of First Offer as well as the effect on the buyers & sellers after enacting either.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Delaware’s Court of Chancery applies greater scrutiny when reviewing board actions that affect stockholder voting. Learn more about shareholder voting rights.... Continue Reading
Posted In: About Corporations
Non-compete provisions prevent workers from disclosing trade secrets. Learn about a rule posed by the FTC that would ban all non-compete clauses.... Continue Reading
Posted In: Business Strategies
Divorce is brutal, even at its most amicable. Company founders need to consider the risks that a business owner’s divorce presents to the company. In this new blog, we present common-sense considerations to take into account and outline the steps to mitigate the risk to the business as much as possible.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
The 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.... Continue Reading
Posted In: About Corporations
Depending on how well you communicate your clickwrap agreement & amendments to your consumers, they may or may not hold any legal binding in court. Read Jarrod's new blog to get all the details.... Continue Reading
Posted In: Business Strategies