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Continuing the Family Business After Its Founder Dies

July 6, 2021 by Lonnie_Finkel

Continuing the Family Business after the Founder DiesManaging a family business is difficult enough when the founding generation is still alive. When the founders pass, however, the legal, business and family issues become much more complex because the adult decision makers that everyone relied upon, respected, and listened to, are gone. The children of Robert Smith – Mary, Josh and Matthew – …Read more

Filed Under: Corporate Law Tagged With: corporate law, family owned business, legal protections

How Founders of New Companies Can Protect Against Personal Liability

March 22, 2021 by Lonnie_Finkel

Protect Against Personal LiabilityStarting a business can be the first step in a thrilling adventure, one that you have perhaps dreamed of for years. But as you start your venture you’re mildly terrified of the outcome. When launching a new business, budding entrepreneurs can hardly slow down long enough to do the bare minimum of forming the proper …Read more

Filed Under: Corporate Law Tagged With: corporate law, legal protections, personal liability

Delaware Court Rules that Stockholder Right to Inspect Books is a Matter of “Internal Affairs”

September 10, 2020 by Lonnie_Finkel

Internal AffairsOn August 13, 2020, the Delaware Court of Chancery issued an opinion in JUUL Labs, Inc. v. Grove, holding that a stockholder could not use Section 1601 of the California Corporations Code to inspect the books and records of a Delaware corporation because the “internal affairs doctrine” dictated that Delaware law must apply. The case arose when Daniel …Read more

Filed Under: Uncategorized Tagged With: corporate law, Litigation, state securities laws

Important Corporate Documents for a Successful Business Sale

November 30, 2016 by Lonnie_Finkel

Corporate Minutes ImageThe last thing most founders think about when they start up a company is selling it. If one of the possible exit strategies is to sell your company, you should be thinking about the documentation you’ll need for a successful business sale from the very beginning. It may be years down the road but the …Read more

Filed Under: Corporate Law, Mergers & Acquisitions Tagged With: corporate law, exit strategy, selling your business

Tax Issues to Consider When Forming a California LLC

May 16, 2016 by Lonnie_Finkel

Tax Issues California LLCLast week’s post discussed some important tax issues entrepreneurs should be aware of when forming and operating California partnerships. As we discussed, one of the most important factors to consider when forming a new enterprise is whether the business is initially expected to generate profits or losses and the tax consequences of those profits and …Read more

Filed Under: Business & Financing, Taxation Tagged With: corporate law, corporate partnership, tax planning

Management-Investor Conflict Can Lead to Costly Disruption of Business

October 14, 2013 by Williem Bard

Management-Investor Conflict ImageUnfortunately, it is not unusual for the owners of a privately held business – whether it be partners of a partnership, members of a limited liability company, or shareholders of a corporation – to become embroiled in conflict over management of the company.  This management-investor conflict can, at best, cause substantial disruptions to the operation …Read more

Filed Under: Litigation Tagged With: corporate law, Litigation

Startup Tip – Avoid Business Disputes with Effective Counseling

August 23, 2013 by Williem Bard

Avoid Business Disputes ImageA typical business startup usually begins modestly and all is friendly among those involved.  For example, two doctors, or two software engineers, might combine their efforts to form one or more medical groups (or software development companies) and find it advantageous to incorporate.  Each doctor/engineer contributes an equal amount of capital toward, and each receives …Read more

Filed Under: Litigation Tagged With: business disputes, corporate law, startups

Favorable Settlement for Client Involved in Corporate Buyout Litigation

August 9, 2013 by Lonnie_Finkel

corporate buyout litigation imageFinkel Law Group recently represented several shareholders of a privately held commodities trading firm in a contentious buy out of departing shareholders who demanded several million dollars for their stake in the company.  As a result of the firm’s efforts, the departing shareholders ended up with one-third of their original demand. A critical factor in …Read more

Filed Under: Corporate Law, Litigation Tagged With: corporate law, Litigation

   

Litigation Posts

  • Ninth Circuit’s Decision in Briskin v. Shopify, Inc. Significantly Expands Federal Court’s Personal Jurisdiction Over E-Commerce Companies
  • United States Supreme Court Addresses Corporate Separateness and Defendant’s Profits Under the Federal Lanham Act for Trademark Infringement
  • Enforcing Your Company’s Trademark Rights: Remedies for Infringement and Principal Defenses to Infringement Claims
  • Enforcing Your Company’s Trademark Rights: Infringement Litigation
  • Protecting Your Company’s Real Property Rights Through the Federal Courts

Corporate Law Posts

  • Navigating Federal Securities Laws and Regulations to Avoid Common Pitfalls for Companies Raising Money in the U.S.
  • Defining the Founders’ Roles and Responsibilities in Your Technology Startup
  • California’s SB 113 May Offer Valuable Tax Planning Opportunities for Family Businesses
  • Productive Uses of ADR to Resolve Disputes in Family Business
  • Starting Your New Business on the Right Foot

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